Resonant Capital Advisors LLC Makes New Investment in JPMorgan Income ETF $JPIE

Resonant Capital Advisors LLC bought a new position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 542,367 shares of the company’s stock, valued at approximately $24,987,000. JPMorgan Income ETF accounts for about 1.3% of Resonant Capital Advisors LLC’s investment portfolio, making the stock its 19th biggest position. Resonant Capital Advisors LLC owned 0.29% of JPMorgan Income ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Huntington National Bank acquired a new stake in JPMorgan Income ETF during the fourth quarter worth approximately $26,000. Imprint Wealth LLC acquired a new position in JPMorgan Income ETF in the 3rd quarter valued at $33,000. MidAtlantic Capital Management Inc. acquired a new position in JPMorgan Income ETF in the 4th quarter valued at $35,000. Central Pacific Bank Trust Division bought a new stake in shares of JPMorgan Income ETF during the 4th quarter valued at $35,000. Finally, Vermillion & White Wealth Management Group LLC lifted its position in shares of JPMorgan Income ETF by 351.6% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 849 shares of the company’s stock valued at $39,000 after acquiring an additional 661 shares during the period.

JPMorgan Income ETF Stock Down 0.0%

Shares of NYSEARCA JPIE traded down $0.02 during mid-day trading on Tuesday, reaching $45.90. The company had a trading volume of 447,949 shares, compared to its average volume of 1,431,452. JPMorgan Income ETF has a one year low of $45.77 and a one year high of $46.61. The business’s 50-day simple moving average is $45.98 and its 200 day simple moving average is $46.18.

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.