Overbrook Management Corp Buys 130,215 Shares of JPMorgan Income ETF $JPIE

Overbrook Management Corp acquired a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) during the third quarter, according to its most recent 13F filing with the SEC. The fund acquired 130,215 shares of the company’s stock, valued at approximately $5,845,000. JPMorgan Income ETF accounts for 0.9% of Overbrook Management Corp’s portfolio, making the stock its 24th largest holding. Overbrook Management Corp owned 0.05% of JPMorgan Income ETF as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Cornerstone Financial Management LLC purchased a new stake in JPMorgan Income ETF during the 4th quarter worth about $1,524,000. Founders Financial Securities LLC lifted its holdings in shares of JPMorgan Income ETF by 9.8% in the first quarter. Founders Financial Securities LLC now owns 189,908 shares of the company’s stock worth $8,753,000 after buying an additional 16,893 shares in the last quarter. William Mack & Associates Inc. lifted its holdings in shares of JPMorgan Income ETF by 82.9% in the second quarter. William Mack & Associates Inc. now owns 50,476 shares of the company’s stock worth $2,324,000 after buying an additional 22,882 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of JPMorgan Income ETF by 11.7% in the second quarter. Sequoia Financial Advisors LLC now owns 7,131,321 shares of the company’s stock valued at $328,397,000 after acquiring an additional 747,797 shares during the period. Finally, Montecito Bank & Trust increased its holdings in JPMorgan Income ETF by 29.2% during the 1st quarter. Montecito Bank & Trust now owns 91,043 shares of the company’s stock worth $4,194,000 after acquiring an additional 20,570 shares during the period.

JPMorgan Income ETF Stock Performance

NYSEARCA JPIE traded up $0.05 on Thursday, hitting $44.86. The stock had a trading volume of 2,220,591 shares, compared to its average volume of 1,516,263. The firm has a 50-day moving average of $45.51 and a 200-day moving average of $45.81. JPMorgan Income ETF has a 52-week low of $44.58 and a 52-week 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.