William Mack & Associates Inc. lifted its position in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 82.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 50,476 shares of the company’s stock after buying an additional 22,882 shares during the period. JPMorgan Income ETF makes up about 0.8% of William Mack & Associates Inc.’s portfolio, making the stock its 16th largest position. William Mack & Associates Inc.’s holdings in JPMorgan Income ETF were worth $2,324,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. Huntington National Bank acquired a new stake in JPMorgan Income ETF in the fourth quarter valued at approximately $26,000. Rice Partnership LLC acquired a new position in shares of JPMorgan Income ETF during the first quarter worth $30,000. Imprint Wealth LLC acquired a new position in shares of JPMorgan Income ETF during the third quarter worth $33,000. Torren Management LLC purchased a new stake in shares of JPMorgan Income ETF during the 1st quarter valued at $34,000. Finally, MidAtlantic Capital Management Inc. purchased a new stake in shares of JPMorgan Income ETF during the 4th quarter valued at $35,000.
JPMorgan Income ETF Price Performance
JPMorgan Income ETF stock opened at $45.80 on Wednesday. JPMorgan Income ETF has a 1-year low of $45.65 and a 1-year high of $46.61. The business has a fifty day moving average price of $45.89 and a 200-day moving average price of $46.08.
JPMorgan Income ETF Company 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.
Further Reading
- Five stocks we like better than JPMorgan Income ETF
- Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
- AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be
- NVIDIA’s Rally Sets Up a Bigger Test Ahead of Earnings
- Apple’s Next iPhone Could Test How Much Pricing Power Is Left
Want to see what other hedge funds are holding JPIE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Income ETF (NYSEARCA:JPIE – Free Report).
Receive News & Ratings for JPMorgan Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
