JPMorgan Income ETF $JPIE Shares Acquired by Asset Advisory Group Inc.

Asset Advisory Group Inc. increased its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 13.9% in the first quarter, HoldingsChannel.com reports. The fund owned 139,081 shares of the company’s stock after buying an additional 16,947 shares during the period. JPMorgan Income ETF comprises approximately 3.2% of Asset Advisory Group Inc.’s investment portfolio, making the stock its 10th biggest holding. Asset Advisory Group Inc.’s holdings in JPMorgan Income ETF were worth $6,407,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Income ETF by 4.1% in the fourth quarter. JPMorgan Chase & Co. now owns 7,731,323 shares of the company’s stock valued at $357,883,000 after purchasing an additional 301,897 shares during the period. Morgan Stanley lifted its holdings in shares of JPMorgan Income ETF by 25.8% during the fourth quarter. Morgan Stanley now owns 6,790,024 shares of the company’s stock worth $314,310,000 after purchasing an additional 1,393,857 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in shares of JPMorgan Income ETF by 21.3% during the fourth quarter. Sequoia Financial Advisors LLC now owns 5,592,163 shares of the company’s stock worth $258,861,000 after purchasing an additional 982,593 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of JPMorgan Income ETF by 45.9% during the fourth quarter. Wells Fargo & Company MN now owns 3,759,117 shares of the company’s stock worth $174,009,000 after purchasing an additional 1,181,828 shares during the period. Finally, Heritage Financial Services LLC boosted its position in JPMorgan Income ETF by 23.6% in the fourth quarter. Heritage Financial Services LLC now owns 2,848,628 shares of the company’s stock valued at $131,863,000 after buying an additional 543,246 shares during the last quarter.

JPMorgan Income ETF Stock Performance

Shares of NYSEARCA:JPIE opened at $45.95 on Friday. JPMorgan Income ETF has a twelve month low of $45.77 and a twelve month high of $46.61. The company’s 50 day moving average is $46.03 and its 200 day moving average is $46.20.

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.