JPMorgan Income ETF $JPIE Stock Purchased by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC grew its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 20.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 66,981 shares of the company’s stock after purchasing an additional 11,239 shares during the period. WealthPlan Investment Management LLC’s holdings in JPMorgan Income ETF were worth $3,007,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in JPIE. Sequoia Financial Advisors LLC grew its stake in shares of JPMorgan Income ETF by 11.7% during the second quarter. Sequoia Financial Advisors LLC now owns 7,131,321 shares of the company’s stock worth $328,397,000 after buying an additional 747,797 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of JPMorgan Income ETF by 16.5% during the first quarter. Bank of America Corp DE now owns 3,616,685 shares of the company’s stock worth $166,621,000 after buying an additional 513,347 shares in the last quarter. Waverly Advisors LLC lifted its stake in shares of JPMorgan Income ETF by 7.1% in the 2nd quarter. Waverly Advisors LLC now owns 2,667,808 shares of the company’s stock valued at $122,853,000 after acquiring an additional 176,274 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of JPMorgan Income ETF by 1.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,634,836 shares of the company’s stock valued at $121,334,000 after acquiring an additional 31,981 shares during the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of JPMorgan Income ETF by 5.7% during the 1st quarter. Royal Bank of Canada now owns 2,287,927 shares of the company’s stock valued at $105,405,000 after acquiring an additional 123,329 shares in the last quarter.

JPMorgan Income ETF Trading Up 0.2%

Shares of NYSEARCA JPIE traded up $0.10 during mid-day trading on Thursday, hitting $44.94. 873,907 shares of the stock traded hands, compared to its average volume of 1,512,682. The firm has a 50 day simple moving average of $45.41 and a two-hundred day simple moving average of $45.77. JPMorgan Income ETF has a twelve month low of $44.58 and a twelve month high of $46.61.

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.