Kingswood Wealth Advisors LLC Grows Holdings in JPMorgan Income ETF $JPIE

Kingswood Wealth Advisors LLC boosted its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 260.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,346 shares of the company’s stock after buying an additional 76,868 shares during the quarter. Kingswood Wealth Advisors LLC owned 0.09% of JPMorgan Income ETF worth $4,936,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Cary Street Partners Investment Advisory LLC lifted its stake in shares of JPMorgan Income ETF by 3.1% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 9,548 shares of the company’s stock worth $442,000 after acquiring an additional 289 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in JPMorgan Income ETF by 26.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $76,000 after purchasing an additional 343 shares during the last quarter. Independent Wealth Network Inc. raised its position in shares of JPMorgan Income ETF by 2.6% in the 3rd quarter. Independent Wealth Network Inc. now owns 13,856 shares of the company’s stock valued at $643,000 after purchasing an additional 346 shares in the last quarter. AdvisorNet Financial Inc raised its position in shares of JPMorgan Income ETF by 6.3% in the 2nd quarter. AdvisorNet Financial Inc now owns 6,656 shares of the company’s stock valued at $308,000 after purchasing an additional 393 shares in the last quarter. Finally, Altus Wealth Management LLC boosted its stake in shares of JPMorgan Income ETF by 1.1% during the 2nd quarter. Altus Wealth Management LLC now owns 40,201 shares of the company’s stock valued at $1,862,000 after buying an additional 419 shares during the last quarter.

JPMorgan Income ETF Price Performance

JPIE stock opened at $46.40 on Thursday. The firm has a 50 day simple moving average of $46.33 and a 200-day simple moving average of $46.31. JPMorgan Income ETF has a twelve month low of $45.01 and a twelve month high of $46.57.

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.