White Wing Wealth Management Increases Stake in JPMorgan Income ETF $JPIE

White Wing Wealth Management raised its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 362.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 31,176 shares of the company’s stock after acquiring an additional 24,429 shares during the quarter. JPMorgan Income ETF makes up approximately 0.7% of White Wing Wealth Management’s investment portfolio, making the stock its 19th largest position. White Wing Wealth Management’s holdings in JPMorgan Income ETF were worth $1,436,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of JPIE. Jones Financial Companies Lllp acquired a new stake in shares of JPMorgan Income ETF during the 1st quarter worth approximately $555,000. EverSource Wealth Advisors LLC increased its holdings in shares of JPMorgan Income ETF by 26.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock valued at $76,000 after purchasing an additional 343 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of JPMorgan Income ETF by 13.9% in the 2nd quarter. NewEdge Advisors LLC now owns 149,989 shares of the company’s stock valued at $6,948,000 after purchasing an additional 18,298 shares during the period. Raymond James Financial Inc. lifted its stake in shares of JPMorgan Income ETF by 21.1% in the 2nd quarter. Raymond James Financial Inc. now owns 710,909 shares of the company’s stock valued at $32,929,000 after purchasing an additional 123,935 shares during the period. Finally, Vienna Asset Management LLC boosted its holdings in JPMorgan Income ETF by 21.8% during the second quarter. Vienna Asset Management LLC now owns 43,197 shares of the company’s stock worth $2,001,000 after buying an additional 7,735 shares in the last quarter.

JPMorgan Income ETF Stock Performance

JPIE stock opened at $45.84 on Friday. The firm’s fifty day moving average is $45.90 and its 200 day moving average is $46.08. JPMorgan Income ETF has a one year low of $45.65 and a one year 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.