Founders Financial Securities LLC Buys 212,471 Shares of JPMorgan Income ETF $JPIE

Founders Financial Securities LLC purchased a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 212,471 shares of the company’s stock, valued at approximately $9,538,000.

A number of other hedge funds have also made changes to their positions in the company. Sage Rhino Capital LLC boosted its position in shares of JPMorgan Income ETF by 1.4% in the 3rd quarter. Sage Rhino Capital LLC now owns 64,858 shares of the company’s stock worth $2,911,000 after buying an additional 864 shares in the last quarter. Howard Wealth Management LLC increased its holdings in JPMorgan Income ETF by 11.4% during the 3rd quarter. Howard Wealth Management LLC now owns 8,120 shares of the company’s stock valued at $365,000 after acquiring an additional 834 shares in the last quarter. D.A. Davidson & CO. purchased a new position in JPMorgan Income ETF during the 3rd quarter valued at about $27,349,000. BOKF NA purchased a new position in JPMorgan Income ETF during the 3rd quarter valued at about $2,827,000. Finally, LaFleur & Godfrey LLC acquired a new position in JPMorgan Income ETF during the third quarter worth about $812,000.

JPMorgan Income ETF Stock Performance

Shares of JPIE opened at $45.19 on Friday. JPMorgan Income ETF has a 12-month low of $44.58 and a 12-month high of $46.61. The company has a 50-day moving average of $45.23 and a two-hundred day moving average of $45.87.

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.