D.A. Davidson & CO. Boosts Holdings in JPMorgan Income ETF $JPIE

D.A. Davidson & CO. raised its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 8.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 551,927 shares of the company’s stock after buying an additional 41,504 shares during the quarter. D.A. Davidson & CO. owned about 0.29% of JPMorgan Income ETF worth $25,427,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Global View Capital Management LLC lifted its holdings in shares of JPMorgan Income ETF by 3.3% in the fourth quarter. Global View Capital Management LLC now owns 6,945 shares of the company’s stock worth $321,000 after buying an additional 220 shares in the last quarter. Steinberganna Wealth Management grew its stake in JPMorgan Income ETF by 1.8% during the fourth quarter. Steinberganna Wealth Management now owns 13,806 shares of the company’s stock valued at $639,000 after acquiring an additional 246 shares in the last quarter. Fagan Associates Inc. increased its holdings in JPMorgan Income ETF by 3.3% in the 4th quarter. Fagan Associates Inc. now owns 7,775 shares of the company’s stock valued at $360,000 after acquiring an additional 250 shares during the last quarter. Summit Wealth Partners LLC increased its holdings in JPMorgan Income ETF by 3.9% in the 4th quarter. Summit Wealth Partners LLC now owns 7,012 shares of the company’s stock valued at $325,000 after acquiring an additional 260 shares during the last quarter. Finally, Archer Investment Corp lifted its stake in JPMorgan Income ETF by 9.1% in the 1st quarter. Archer Investment Corp now owns 3,577 shares of the company’s stock worth $165,000 after purchasing an additional 297 shares in the last quarter.

JPMorgan Income ETF Price Performance

JPIE opened at $45.93 on Thursday. The firm has a 50-day simple moving average of $45.95 and a two-hundred day simple moving average of $46.15. JPMorgan Income ETF has a 52 week low of $45.77 and a 52 week 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.