Rehmann Capital Advisory Group Makes New Investment in JPMorgan Income ETF $JPIE

Rehmann Capital Advisory Group bought a new position in JPMorgan Income ETF (NYSEARCA:JPIE) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 27,151 shares of the company’s stock, valued at approximately $1,250,000.

Several other institutional investors also recently modified their holdings of JPIE. Huntington National Bank bought a new stake in JPMorgan Income ETF during the fourth quarter worth $26,000. Rice Partnership LLC purchased a new position in JPMorgan Income ETF in the first quarter worth $30,000. Imprint Wealth LLC bought a new position in JPMorgan Income ETF in the 3rd quarter valued at $33,000. Torren Management LLC bought a new position in JPMorgan Income ETF in the 1st quarter valued at $34,000. Finally, MidAtlantic Capital Management Inc. purchased a new stake in shares of JPMorgan Income ETF during the 4th quarter valued at $35,000.

JPMorgan Income ETF Trading Down 0.6%

NYSEARCA JPIE opened at $45.57 on Wednesday. JPMorgan Income ETF has a one year low of $45.54 and a one year high of $46.61. The business’s fifty day moving average is $45.87 and its 200-day moving average is $46.02.

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.