Private Advisor Group LLC Has $19.82 Million Stake in JPMorgan Income ETF $JPIE

Private Advisor Group LLC raised its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 12.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 430,196 shares of the company’s stock after acquiring an additional 48,983 shares during the quarter. Private Advisor Group LLC owned approximately 0.23% of JPMorgan Income ETF worth $19,819,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Jones Financial Companies Lllp bought a new position in JPMorgan Income ETF in the 1st quarter valued at approximately $555,000. EverSource Wealth Advisors LLC grew its stake in shares of JPMorgan Income ETF by 26.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $76,000 after buying an additional 343 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of JPMorgan Income ETF by 13.9% during the second quarter. NewEdge Advisors LLC now owns 149,989 shares of the company’s stock worth $6,948,000 after buying an additional 18,298 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of JPMorgan Income ETF by 21.1% during the second quarter. Raymond James Financial Inc. now owns 710,909 shares of the company’s stock worth $32,929,000 after buying an additional 123,935 shares in the last quarter. Finally, Vienna Asset Management LLC lifted its stake in shares of JPMorgan Income ETF by 21.8% in the 2nd quarter. Vienna Asset Management LLC now owns 43,197 shares of the company’s stock valued at $2,001,000 after acquiring an additional 7,735 shares during the last quarter.

JPMorgan Income ETF Price Performance

NYSEARCA JPIE opened at $45.89 on Friday. JPMorgan Income ETF has a twelve month low of $45.77 and a twelve month high of $46.61. The business’s fifty day moving average is $45.99 and its 200 day moving average is $46.18.

JPMorgan Income ETF 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.