JPMorgan Income ETF $JPIE Stock Purchased by Williams Financial LLC

Williams Financial LLC lifted its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 3.4% in the third quarter, HoldingsChannel reports. The firm owned 1,158,490 shares of the company’s stock after buying an additional 38,185 shares during the period. JPMorgan Income ETF makes up about 26.5% of Williams Financial LLC’s portfolio, making the stock its biggest holding. Williams Financial LLC’s holdings in JPMorgan Income ETF were worth $52,005,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sequoia Financial Advisors LLC raised its stake in JPMorgan Income ETF by 11.7% during the second quarter. Sequoia Financial Advisors LLC now owns 7,131,321 shares of the company’s stock worth $328,397,000 after purchasing an additional 747,797 shares during the period. Bank of America Corp DE grew its stake in shares of JPMorgan Income ETF by 16.5% in the 1st quarter. Bank of America Corp DE now owns 3,616,685 shares of the company’s stock valued at $166,621,000 after buying an additional 513,347 shares during the period. Waverly Advisors LLC increased its holdings in shares of JPMorgan Income ETF by 7.1% during the 2nd quarter. Waverly Advisors LLC now owns 2,667,808 shares of the company’s stock worth $122,853,000 after buying an additional 176,274 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan Income ETF by 1.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,634,836 shares of the company’s stock worth $121,334,000 after buying an additional 31,981 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of JPMorgan Income ETF by 5.7% during the 1st quarter. Royal Bank of Canada now owns 2,287,927 shares of the company’s stock worth $105,405,000 after buying an additional 123,329 shares during the last quarter.

JPMorgan Income ETF Stock Down 0.1%

JPIE stock opened at $44.91 on Tuesday. JPMorgan Income ETF has a one year low of $44.58 and a one year high of $46.61. The firm’s 50 day moving average price is $45.36 and its 200-day moving average price is $45.75.

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.