Turner Financial Group Inc. Acquires Shares of 36,668 JPMorgan Income ETF $JPIE

Turner Financial Group Inc. acquired a new position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 36,668 shares of the company’s stock, valued at approximately $1,689,000. JPMorgan Income ETF comprises about 1.7% of Turner Financial Group Inc.’s holdings, making the stock its 11th biggest position.

Several other hedge funds also recently made changes to their positions in JPIE. Huntington National Bank acquired a new position in shares of JPMorgan Income ETF during the fourth quarter worth about $26,000. Rice Partnership LLC acquired a new stake in JPMorgan Income ETF in the first quarter valued at about $30,000. Imprint Wealth LLC acquired a new stake in JPMorgan Income ETF in the third quarter valued at about $33,000. Torren Management LLC purchased a new stake in JPMorgan Income ETF in the 1st quarter valued at approximately $34,000. Finally, MidAtlantic Capital Management Inc. purchased a new stake in JPMorgan Income ETF in the 4th quarter valued at approximately $35,000.

JPMorgan Income ETF Trading Up 0.0%

NYSEARCA JPIE opened at $45.62 on Friday. The business’s 50 day moving average is $45.84 and its two-hundred day moving average is $46.00. JPMorgan Income ETF has a 12-month low of $45.54 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.