TPG Financial Advisors LLC Buys 77,352 Shares of JPMorgan Income ETF $JPIE

TPG Financial Advisors LLC raised its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 18.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 497,834 shares of the company’s stock after buying an additional 77,352 shares during the quarter. JPMorgan Income ETF comprises 7.7% of TPG Financial Advisors LLC’s portfolio, making the stock its 2nd largest position. TPG Financial Advisors LLC’s holdings in JPMorgan Income ETF were worth $23,045,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in JPIE. Global View Capital Management LLC grew its position in shares of JPMorgan Income ETF by 3.3% during the fourth quarter. Global View Capital Management LLC now owns 6,945 shares of the company’s stock worth $321,000 after acquiring an additional 220 shares during the last quarter. Steinberganna Wealth Management grew its holdings in JPMorgan Income ETF by 1.8% in the 4th quarter. Steinberganna Wealth Management now owns 13,806 shares of the company’s stock worth $639,000 after buying an additional 246 shares in the last quarter. Fagan Associates Inc. increased its position in JPMorgan Income ETF by 3.3% in the 4th quarter. Fagan Associates Inc. now owns 7,775 shares of the company’s stock valued at $360,000 after acquiring an additional 250 shares during the period. Summit Wealth Partners LLC boosted its position in 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 during the period. Finally, Mayfair Advisory Group LLC increased its holdings in shares of JPMorgan Income ETF by 3.1% during the fourth quarter. Mayfair Advisory Group LLC now owns 10,006 shares of the company’s stock valued at $463,000 after purchasing an additional 300 shares during the period.

JPMorgan Income ETF Stock Down 0.2%

JPIE stock opened at $45.79 on Wednesday. The company has a 50-day simple moving average of $46.06 and a 200 day simple moving average of $46.26. JPMorgan Income ETF has a fifty-two week low of $45.75 and a fifty-two 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.