JPMorgan Income ETF $JPIE Shares Bought by Optima Capital LLC

Optima Capital LLC raised its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 49.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 219,312 shares of the company’s stock after buying an additional 72,258 shares during the quarter. JPMorgan Income ETF makes up approximately 3.9% of Optima Capital LLC’s investment portfolio, making the stock its 2nd largest position. Optima Capital LLC owned about 0.09% of JPMorgan Income ETF worth $9,845,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Arkadios Wealth Advisors boosted its position in shares of JPMorgan Income ETF by 301.2% during the 1st quarter. Arkadios Wealth Advisors now owns 1,203,036 shares of the company’s stock valued at $55,424,000 after acquiring an additional 903,176 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in JPMorgan Income ETF by 14.2% during the first quarter. Sequoia Financial Advisors LLC now owns 6,383,524 shares of the company’s stock worth $294,089,000 after purchasing an additional 791,361 shares during the period. Leverty Financial Group LLC raised its stake in JPMorgan Income ETF by 335.8% during the third quarter. Leverty Financial Group LLC now owns 977,616 shares of the company’s stock worth $43,885,000 after purchasing an additional 753,292 shares during the period. D.A. Davidson & CO. acquired a new position in JPMorgan Income ETF in the 3rd quarter valued at about $27,349,000. Finally, Resonant Capital Advisors LLC acquired a new position in JPMorgan Income ETF in the 1st quarter valued at about $24,987,000.

JPMorgan Income ETF Price Performance

JPMorgan Income ETF stock opened at $45.25 on Monday. The firm has a 50 day simple moving average of $45.22 and a 200-day simple moving average of $45.86. JPMorgan Income ETF has a 1-year low of $44.58 and a 1-year high of $46.61.

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.