44,823 Shares of JPMorgan Income ETF $JPIE Purchased by Whitener Capital Management Inc.

Whitener Capital Management Inc. purchased a new position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 44,823 shares of the company’s stock, valued at approximately $2,012,000.

A number of other hedge funds have also recently added to or reduced their stakes in JPIE. Echo Wealth Management LLC boosted its holdings in JPMorgan Income ETF by 6.7% in the 3rd quarter. Echo Wealth Management LLC now owns 497,601 shares of the company’s stock valued at $22,337,000 after purchasing an additional 31,324 shares in the last quarter. AdvisorNet Financial Inc acquired a new position in JPMorgan Income ETF during the 3rd quarter worth approximately $359,000. WealthPLAN Partners LLC purchased a new position in shares of JPMorgan Income ETF during the 3rd quarter worth approximately $739,000. WealthPlan Investment Management LLC raised its stake in shares of JPMorgan Income ETF by 20.2% during the 3rd quarter. WealthPlan Investment Management LLC now owns 66,981 shares of the company’s stock worth $3,007,000 after buying an additional 11,239 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its stake in shares of JPMorgan Income ETF by 27.9% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 52,174 shares of the company’s stock worth $2,342,000 after buying an additional 11,375 shares in the last quarter.

JPMorgan Income ETF Price Performance

JPIE opened at $44.94 on Friday. The business has a 50 day simple moving average of $45.39 and a 200-day simple moving average of $45.77. JPMorgan Income ETF has a 12 month low of $44.58 and a 12 month high of $46.61.

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.