Southern Financial Group LLC lifted its stake in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 3.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,349,253 shares of the company’s stock after acquiring an additional 41,516 shares during the quarter. JPMorgan Income ETF makes up approximately 17.4% of Southern Financial Group LLC’s investment portfolio, making the stock its 2nd largest position. Southern Financial Group LLC owned approximately 0.71% of JPMorgan Income ETF worth $62,160,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Huntington National Bank acquired a new position in JPMorgan Income ETF during the fourth quarter valued at approximately $26,000. Rice Partnership LLC acquired a new position in shares of JPMorgan Income ETF during the 1st quarter worth approximately $30,000. Imprint Wealth LLC bought a new stake in shares of JPMorgan Income ETF during the 3rd quarter worth approximately $33,000. Torren Management LLC bought a new stake in shares of JPMorgan Income ETF during the 1st quarter worth approximately $34,000. Finally, MidAtlantic Capital Management Inc. bought a new stake in shares of JPMorgan Income ETF during the 4th quarter worth approximately $35,000.
JPMorgan Income ETF Price Performance
NYSEARCA:JPIE opened at $45.84 on Monday. JPMorgan Income ETF has a 1-year low of $45.73 and a 1-year high of $46.61. The firm has a fifty day simple moving average of $45.92 and a 200 day simple moving average of $46.10.
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.
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