Montecito Bank & Trust Has $4.19 Million Stock Holdings in JPMorgan Income ETF $JPIE

Montecito Bank & Trust boosted its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 29.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 91,043 shares of the company’s stock after acquiring an additional 20,570 shares during the period. Montecito Bank & Trust’s holdings in JPMorgan Income ETF were worth $4,194,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JPIE. Chesley Taft & Associates LLC increased its stake in JPMorgan Income ETF by 26.7% in the fourth quarter. Chesley Taft & Associates LLC now owns 79,920 shares of the company’s stock valued at $3,699,000 after purchasing an additional 16,848 shares in the last quarter. Obsidian Personal Planning Solutions LLC grew its holdings in shares of JPMorgan Income ETF by 3.8% in the 3rd quarter. Obsidian Personal Planning Solutions LLC now owns 298,749 shares of the company’s stock valued at $13,865,000 after buying an additional 10,962 shares during the period. EPG Wealth Management LLC increased its position in shares of JPMorgan Income ETF by 10.1% in the 4th quarter. EPG Wealth Management LLC now owns 126,586 shares of the company’s stock valued at $5,860,000 after buying an additional 11,577 shares in the last quarter. Choreo LLC raised its stake in JPMorgan Income ETF by 2,878.1% during the 4th quarter. Choreo LLC now owns 164,988 shares of the company’s stock worth $7,675,000 after buying an additional 159,448 shares during the period. Finally, Pennsylvania Capital Management Inc. ADV raised its stake in JPMorgan Income ETF by 4.4% during the 4th quarter. Pennsylvania Capital Management Inc. ADV now owns 453,100 shares of the company’s stock worth $20,974,000 after buying an additional 19,208 shares during the period.

JPMorgan Income ETF Price Performance

NYSEARCA:JPIE opened at $45.95 on Friday. JPMorgan Income ETF has a 1 year low of $45.77 and a 1 year high of $46.61. The stock has a 50-day moving average price of $46.03 and a two-hundred day moving average price of $46.20.

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.