Whitener Capital Management Inc. Raises Holdings in JPMorgan Income ETF $JPIE

Whitener Capital Management Inc. lifted its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 383.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,541 shares of the company’s stock after purchasing an additional 25,810 shares during the quarter. Whitener Capital Management Inc.’s holdings in JPMorgan Income ETF were worth $1,499,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in JPIE. Steinberganna Wealth Management grew its holdings in JPMorgan Income ETF by 1.8% during the 4th quarter. Steinberganna Wealth Management now owns 13,806 shares of the company’s stock valued at $639,000 after buying an additional 246 shares in the last quarter. Fagan Associates Inc. raised its holdings in shares of JPMorgan Income ETF by 3.3% during the 4th quarter. Fagan Associates Inc. now owns 7,775 shares of the company’s stock worth $360,000 after acquiring an additional 250 shares in the last quarter. Summit Wealth Partners LLC raised its holdings in shares of JPMorgan Income ETF by 3.9% during the 4th quarter. Summit Wealth Partners LLC now owns 7,012 shares of the company’s stock worth $325,000 after acquiring an additional 260 shares in the last quarter. Archer Investment Corp boosted its position in shares of JPMorgan Income ETF by 9.1% during the 1st quarter. Archer Investment Corp now owns 3,577 shares of the company’s stock valued at $165,000 after acquiring an additional 297 shares during the last quarter. Finally, Summit Financial LLC boosted its position in shares of JPMorgan Income ETF by 0.4% during the 4th quarter. Summit Financial LLC now owns 81,671 shares of the company’s stock valued at $3,798,000 after acquiring an additional 302 shares during the last quarter.

JPMorgan Income ETF Price Performance

JPIE stock opened at $45.80 on Wednesday. The firm has a fifty day moving average price of $45.89 and a 200 day moving average price of $46.08. JPMorgan Income ETF has a fifty-two week low of $45.65 and a fifty-two week 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.