Waverly Advisors LLC Acquires 176,274 Shares of JPMorgan Income ETF $JPIE

Waverly Advisors LLC lifted its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 7.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,667,808 shares of the company’s stock after purchasing an additional 176,274 shares during the quarter. JPMorgan Income ETF accounts for about 0.7% of Waverly Advisors LLC’s portfolio, making the stock its 29th biggest position. Waverly Advisors LLC owned about 1.19% of JPMorgan Income ETF worth $122,853,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Jones Financial Companies Lllp bought a new stake in shares of JPMorgan Income ETF during the first quarter worth $555,000. EverSource Wealth Advisors LLC grew its holdings 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 in the last quarter. NewEdge Advisors LLC raised its position in JPMorgan Income ETF by 13.9% in the 2nd quarter. NewEdge Advisors LLC now owns 149,989 shares of the company’s stock valued at $6,948,000 after buying an additional 18,298 shares during the last quarter. Raymond James Financial Inc. lifted its stake in JPMorgan Income ETF by 21.1% in the 2nd quarter. Raymond James Financial Inc. now owns 710,909 shares of the company’s stock valued at $32,929,000 after acquiring an additional 123,935 shares in the last quarter. Finally, Vienna Asset Management LLC lifted its stake in 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 in the last quarter.

JPMorgan Income ETF Price Performance

Shares of JPIE traded down $0.04 during mid-day trading on Tuesday, hitting $45.58. 1,130,186 shares of the company’s stock were exchanged, compared to its average volume of 1,436,061. JPMorgan Income ETF has a 52 week low of $45.54 and a 52 week high of $46.61. The company has a 50-day simple moving average of $45.83 and a 200 day simple moving average of $45.99.

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.