Kintra Wealth LLC Boosts Holdings in JPMorgan Income ETF $JPIE

Kintra Wealth LLC grew its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 47.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 848,974 shares of the company’s stock after purchasing an additional 271,777 shares during the quarter. JPMorgan Income ETF makes up 2.0% of Kintra Wealth LLC’s holdings, making the stock its 12th biggest position. Kintra Wealth LLC owned about 0.38% of JPMorgan Income ETF worth $38,951,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Income ETF by 4.1% in the fourth quarter. JPMorgan Chase & Co. now owns 7,731,323 shares of the company’s stock worth $357,883,000 after acquiring an additional 301,897 shares during the last quarter. Morgan Stanley raised its stake in JPMorgan Income ETF by 25.8% in the 4th quarter. Morgan Stanley now owns 6,790,024 shares of the company’s stock valued at $314,310,000 after purchasing an additional 1,393,857 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in JPMorgan Income ETF by 14.2% in the 1st quarter. Sequoia Financial Advisors LLC now owns 6,383,524 shares of the company’s stock valued at $294,089,000 after purchasing an additional 791,361 shares during the last quarter. Wells Fargo & Company MN raised its stake in JPMorgan Income ETF by 45.9% in the 4th quarter. Wells Fargo & Company MN now owns 3,759,117 shares of the company’s stock valued at $174,009,000 after purchasing an additional 1,181,828 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in JPMorgan Income ETF by 16.5% in the 1st quarter. Bank of America Corp DE now owns 3,616,685 shares of the company’s stock valued at $166,621,000 after purchasing an additional 513,347 shares in the last quarter.

JPMorgan Income ETF Stock Performance

Shares of JPIE stock opened at $45.62 on Friday. JPMorgan Income ETF has a fifty-two week low of $45.54 and a fifty-two week high of $46.61. The stock’s fifty day moving average is $45.84 and its two-hundred day moving average is $46.00.

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.