Optima Capital LLC Raises Holdings in JPMorgan Income ETF $JPIE

Optima Capital LLC grew its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 18.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 128,731 shares of the company’s stock after purchasing an additional 19,865 shares during the period. JPMorgan Income ETF makes up about 2.9% of Optima Capital LLC’s portfolio, making the stock its 4th biggest position. Optima Capital LLC owned about 0.10% of JPMorgan Income ETF worth $5,974,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Parkworth Wealth Management Inc. purchased a new stake in JPMorgan Income ETF during the 2nd quarter valued at $29,000. Total Investment Management Inc. bought a new position in JPMorgan Income ETF during the second quarter valued at $37,000. Twin Peaks Wealth Advisors LLC bought a new position in JPMorgan Income ETF during the second quarter valued at $62,000. Newbridge Financial Services Group Inc. raised its stake in shares of JPMorgan Income ETF by 43.9% in the second quarter. Newbridge Financial Services Group Inc. now owns 1,482 shares of the company’s stock valued at $69,000 after acquiring an additional 452 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of JPMorgan Income ETF by 26.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $76,000 after acquiring an additional 343 shares during the last quarter.

JPMorgan Income ETF Stock Performance

Shares of NYSEARCA:JPIE opened at $46.36 on Wednesday. JPMorgan Income ETF has a 12 month low of $45.01 and a 12 month high of $46.57. The firm’s 50-day moving average is $46.34 and its 200 day moving average is $46.32.

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.