Partners Wealth Management LLC Makes New Investment in JPMorgan Income ETF $JPIE

Partners Wealth Management LLC purchased a new position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 27,731 shares of the company’s stock, valued at approximately $1,245,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors raised its stake in shares of JPMorgan Income ETF by 301.2% in the first quarter. Arkadios Wealth Advisors now owns 1,203,036 shares of the company’s stock worth $55,424,000 after purchasing an additional 903,176 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in JPMorgan Income ETF by 14.2% in the first quarter. Sequoia Financial Advisors LLC now owns 6,383,524 shares of the company’s stock valued at $294,089,000 after buying an additional 791,361 shares during the last quarter. Leverty Financial Group LLC boosted its position in JPMorgan Income ETF by 335.8% in the third quarter. Leverty Financial Group LLC now owns 977,616 shares of the company’s stock valued at $43,885,000 after buying an additional 753,292 shares during the last quarter. D.A. Davidson & CO. purchased a new stake in JPMorgan Income ETF in the third quarter valued at approximately $27,349,000. Finally, Resonant Capital Advisors LLC acquired a new position in JPMorgan Income ETF in the 1st quarter worth approximately $24,987,000.

JPMorgan Income ETF Trading Up 0.1%

Shares of NYSEARCA:JPIE opened at $45.25 on Friday. JPMorgan Income ETF has a twelve month low of $44.58 and a twelve month high of $46.61. The company’s 50 day moving average is $45.22 and its 200 day moving average is $45.86.

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.