JPMorgan Income ETF $JPIE Shares Purchased by Magnus Financial Group LLC

Magnus Financial Group LLC boosted its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 6.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 397,837 shares of the company’s stock after acquiring an additional 24,872 shares during the quarter. JPMorgan Income ETF comprises about 1.2% of Magnus Financial Group LLC’s investment portfolio, making the stock its 19th biggest holding. Magnus Financial Group LLC owned 0.16% of JPMorgan Income ETF worth $17,859,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of JPIE. Sequoia Financial Advisors LLC grew its position in JPMorgan Income ETF by 11.7% in 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. IFP Advisors Inc lifted its position in shares of JPMorgan Income ETF by 254.7% during the 3rd quarter. IFP Advisors Inc now owns 46,720 shares of the company’s stock valued at $2,097,000 after acquiring an additional 33,549 shares during the last quarter. William Mack & Associates Inc. lifted its position in shares of JPMorgan Income ETF by 82.9% during the 2nd quarter. William Mack & Associates Inc. now owns 50,476 shares of the company’s stock valued at $2,324,000 after acquiring an additional 22,882 shares during the last quarter. Kintra Wealth LLC lifted its position in shares of JPMorgan Income ETF by 47.1% during the 2nd quarter. Kintra Wealth LLC now owns 848,974 shares of the company’s stock valued at $38,951,000 after acquiring an additional 271,777 shares during the last quarter. Finally, Narus Financial Partners LLC boosted its stake in shares of JPMorgan Income ETF by 22.6% during the 1st quarter. Narus Financial Partners LLC now owns 67,573 shares of the company’s stock worth $3,113,000 after acquiring an additional 12,446 shares in the last quarter.

JPMorgan Income ETF Stock Performance

Shares of NYSEARCA JPIE opened at $44.91 on Thursday. The stock’s fifty day simple moving average is $45.32 and its 200 day simple moving average is $45.74. JPMorgan Income ETF has a 52-week low of $44.58 and a 52-week high of $46.61.

JPMorgan Income ETF Company 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.