Safeguard Investment Advisory Group LLC purchased a new position in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 14,507 shares of the company’s stock, valued at approximately $668,000.
Other institutional investors have also made changes to their positions in the company. Williams Financial LLC boosted its holdings in shares of JPMorgan Income ETF by 6.6% during the second quarter. Williams Financial LLC now owns 1,120,305 shares of the company’s stock worth $51,590,000 after purchasing an additional 69,238 shares during the period. InTrack Investment Management Inc increased its stake in JPMorgan Income ETF by 66.7% in the 2nd quarter. InTrack Investment Management Inc now owns 70,941 shares of the company’s stock valued at $3,267,000 after buying an additional 28,378 shares during the period. Coppell Advisory Solutions LLC acquired a new position in JPMorgan Income ETF in the 2nd quarter valued at approximately $592,000. Rehmann Capital Advisory Group purchased a new stake in JPMorgan Income ETF in the 2nd quarter worth approximately $1,250,000. Finally, Trust Co. of Vermont purchased a new stake in JPMorgan Income ETF in the 2nd quarter worth approximately $95,000.
JPMorgan Income ETF Price Performance
Shares of NYSEARCA:JPIE opened at $45.60 on Thursday. The firm has a fifty day moving average of $45.86 and a two-hundred day moving average of $46.01. JPMorgan Income ETF has a 12-month low of $45.54 and a 12-month high of $46.61.
JPMorgan Income ETF Company 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.
Further Reading
- Five stocks we like better than JPMorgan Income ETF
- Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
- J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It
- Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real?
- GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
Want to see what other hedge funds are holding JPIE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Income ETF (NYSEARCA:JPIE – Free Report).
Receive News & Ratings for JPMorgan Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
