JPMorgan Income ETF $JPIE is Planned Solutions Inc.’s 4th Largest Position

Planned Solutions Inc. raised its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 5.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 497,668 shares of the company’s stock after buying an additional 24,129 shares during the period. JPMorgan Income ETF makes up about 7.9% of Planned Solutions Inc.’s portfolio, making the stock its 4th biggest holding. Planned Solutions Inc.’s holdings in JPMorgan Income ETF were worth $23,097,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of JPIE. Essex LLC raised its holdings in shares of JPMorgan Income ETF by 7.6% in the 3rd quarter. Essex LLC now owns 7,045 shares of the company’s stock valued at $327,000 after buying an additional 500 shares during the period. Steinberganna Wealth Management acquired a new position in JPMorgan Income ETF in the 3rd quarter valued at about $629,000. Kingswood Wealth Advisors LLC increased its stake in JPMorgan Income ETF by 260.8% during the third quarter. Kingswood Wealth Advisors LLC now owns 106,346 shares of the company’s stock worth $4,936,000 after purchasing an additional 76,868 shares during the period. Citizens National Bank Trust Department acquired a new stake in shares of JPMorgan Income ETF during the third quarter worth about $1,002,000. Finally, Etesian Wealth Advisors Inc. boosted its stake in shares of JPMorgan Income ETF by 18.2% in the third quarter. Etesian Wealth Advisors Inc. now owns 148,816 shares of the company’s stock valued at $6,907,000 after purchasing an additional 22,880 shares during the period.

JPMorgan Income ETF Price Performance

Shares of JPIE stock opened at $46.38 on Friday. JPMorgan Income ETF has a 52 week low of $45.01 and a 52 week high of $46.57. The firm has a 50 day moving average of $46.33 and a two-hundred day moving average of $46.31.

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.