Western Wealth Management LLC Takes Position in JPMorgan Income ETF $JPIE

Western Wealth Management LLC purchased a new position in JPMorgan Income ETF (NYSEARCA:JPIE) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 45,572 shares of the company’s stock, valued at approximately $2,099,000.

Several other large investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp acquired a new stake in JPMorgan Income ETF during the 1st quarter worth $555,000. EverSource Wealth Advisors LLC raised its position in shares of JPMorgan Income ETF by 26.4% in the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock valued at $76,000 after buying an additional 343 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of JPMorgan Income ETF by 13.9% in the second quarter. NewEdge Advisors LLC now owns 149,989 shares of the company’s stock valued at $6,948,000 after buying an additional 18,298 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of JPMorgan Income ETF by 21.1% in the second quarter. Raymond James Financial Inc. now owns 710,909 shares of the company’s stock worth $32,929,000 after buying an additional 123,935 shares in the last quarter. Finally, Vienna Asset Management LLC lifted its stake in shares of JPMorgan Income ETF by 21.8% in the second quarter. Vienna Asset Management LLC now owns 43,197 shares of the company’s stock worth $2,001,000 after buying an additional 7,735 shares in the last quarter.

JPMorgan Income ETF Stock Performance

JPIE opened at $45.84 on Friday. JPMorgan Income ETF has a twelve month low of $45.73 and a twelve month high of $46.61. The firm’s 50-day moving average price is $45.92 and its 200 day moving average price is $46.11.

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.