Comerica Bank Has $1.80 Million Stock Holdings in JPMorgan Income ETF $JPIE

Comerica Bank lifted its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 57.0% during the 4th quarter, Holdings Channel reports. The firm owned 38,811 shares of the company’s stock after buying an additional 14,087 shares during the quarter. Comerica Bank’s holdings in JPMorgan Income ETF were worth $1,797,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan Income ETF by 8.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,429,426 shares of the company’s stock worth $344,800,000 after purchasing an additional 578,800 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in shares of JPMorgan Income ETF by 71.0% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 4,609,570 shares of the company’s stock worth $213,930,000 after purchasing an additional 1,914,053 shares during the last quarter. Savant Capital LLC grew its holdings in shares of JPMorgan Income ETF by 10.2% in the 3rd quarter. Savant Capital LLC now owns 3,538,263 shares of the company’s stock worth $164,211,000 after purchasing an additional 328,043 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of JPMorgan Income ETF by 52.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,438,090 shares of the company’s stock worth $113,152,000 after purchasing an additional 839,269 shares during the last quarter. Finally, Heritage Financial Services LLC grew its holdings in shares of JPMorgan Income ETF by 4.5% in the 3rd quarter. Heritage Financial Services LLC now owns 2,305,382 shares of the company’s stock worth $106,993,000 after purchasing an additional 99,558 shares during the last quarter.

JPMorgan Income ETF Stock Up 0.2%

JPIE opened at $46.06 on Thursday. The firm’s 50-day simple moving average is $46.13 and its 200-day simple moving average is $46.29. JPMorgan Income ETF has a twelve month low of $45.68 and a twelve month high of $46.61.

About JPMorgan Income ETF

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.