JPMorgan Income ETF $JPIE is Williams Financial LLC’s Largest Position

Williams Financial LLC lifted its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 131.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,053,702 shares of the company’s stock after purchasing an additional 597,595 shares during the quarter. JPMorgan Income ETF comprises about 28.2% of Williams Financial LLC’s holdings, making the stock its biggest holding. Williams Financial LLC owned approximately 0.63% of JPMorgan Income ETF worth $48,776,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of JPIE. Sequoia Financial Advisors LLC lifted its position in JPMorgan Income ETF by 71.0% in the third quarter. Sequoia Financial Advisors LLC now owns 4,609,570 shares of the company’s stock valued at $213,930,000 after buying an additional 1,914,053 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in JPMorgan Income ETF by 52.5% in the third quarter. Envestnet Asset Management Inc. now owns 2,438,090 shares of the company’s stock valued at $113,152,000 after buying an additional 839,269 shares during the last quarter. JPMorgan Chase & Co. lifted its position in JPMorgan Income ETF by 8.4% in the third quarter. JPMorgan Chase & Co. now owns 7,429,426 shares of the company’s stock valued at $344,800,000 after buying an additional 578,800 shares during the last quarter. Heritage Financial Services LLC lifted its position in JPMorgan Income ETF by 23.6% in the fourth quarter. Heritage Financial Services LLC now owns 2,848,628 shares of the company’s stock valued at $131,863,000 after buying an additional 543,246 shares during the last quarter. Finally, Vigilare Wealth Management acquired a new position in JPMorgan Income ETF in the fourth quarter valued at about $20,737,000.

JPMorgan Income ETF Stock Down 0.1%

NYSEARCA JPIE opened at $45.94 on Tuesday. The firm’s 50-day moving average is $46.16 and its two-hundred day moving average is $46.29. JPMorgan Income ETF has a 12 month low of $45.66 and a 12 month 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.