Wealthcare Advisory Partners LLC Buys 35,498 Shares of JPMorgan Income ETF $JPIE

Wealthcare Advisory Partners LLC raised its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 6.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 630,709 shares of the company’s stock after purchasing an additional 35,498 shares during the period. Wealthcare Advisory Partners LLC owned 0.29% of JPMorgan Income ETF worth $29,044,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Asset Advisory Group Inc. grew its stake in shares of JPMorgan Income ETF by 8.7% during the 2nd quarter. Asset Advisory Group Inc. now owns 151,112 shares of the company’s stock valued at $6,959,000 after acquiring an additional 12,031 shares during the period. Focus Financial Network Inc. lifted its holdings in JPMorgan Income ETF by 44.2% during the second quarter. Focus Financial Network Inc. now owns 178,616 shares of the company’s stock valued at $8,225,000 after purchasing an additional 54,710 shares in the last quarter. Client First Investment Management LLC purchased a new position in JPMorgan Income ETF during the second quarter valued at approximately $910,000. Breakwater Capital Group boosted its position in shares of JPMorgan Income ETF by 71.4% in the second quarter. Breakwater Capital Group now owns 13,064 shares of the company’s stock worth $602,000 after purchasing an additional 5,442 shares during the period. Finally, Beacon Bank & Trust boosted its position in shares of JPMorgan Income ETF by 12.6% in the second quarter. Beacon Bank & Trust now owns 106,930 shares of the company’s stock worth $4,924,000 after purchasing an additional 11,956 shares during the period.

JPMorgan Income ETF Stock Performance

JPIE opened at $45.77 on Tuesday. JPMorgan Income ETF has a fifty-two week low of $45.65 and a fifty-two week high of $46.61. The firm’s fifty day moving average is $45.90 and its 200 day moving average is $46.08.

JPMorgan Income ETF Profile

The JPMorgan Income ETF (JPIE) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund that allocates exposure among various fixed income markets and sectors. The fund seeks to provide yield with lower volatility and aims to generate monthly distributions. JPIE was launched on Oct 28, 2021 and is managed by JPMorgan Chase.