JPMorgan Income ETF $JPIE Stock: Kestra Advisory Services LLC Grows Stake

Kestra Advisory Services LLC raised its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 36.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 537,286 shares of the company’s stock after purchasing an additional 144,913 shares during the period. Kestra Advisory Services LLC’s holdings in JPMorgan Income ETF were worth $24,119,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. JSF Financial LLC lifted its holdings in shares of JPMorgan Income ETF by 2.4% during the third quarter. JSF Financial LLC now owns 9,530 shares of the company’s stock worth $428,000 after buying an additional 225 shares in the last quarter. Nolet Wealth Management LLC grew its stake in shares of JPMorgan Income ETF by 0.6% in the third quarter. Nolet Wealth Management LLC now owns 45,637 shares of the company’s stock valued at $2,049,000 after acquiring an additional 253 shares in the last quarter. Archer Investment Corp grew its stake in shares of JPMorgan Income ETF by 9.1% in the first quarter. Archer Investment Corp now owns 3,577 shares of the company’s stock valued at $165,000 after acquiring an additional 297 shares in the last quarter. Stephens Inc. AR grew its stake in shares of JPMorgan Income ETF by 6.1% in the first quarter. Stephens Inc. AR now owns 6,945 shares of the company’s stock valued at $320,000 after acquiring an additional 400 shares in the last quarter. Finally, Blue Chip Partners LLC increased its position in JPMorgan Income ETF by 0.3% during the first quarter. Blue Chip Partners LLC now owns 147,558 shares of the company’s stock worth $6,798,000 after acquiring an additional 494 shares during the period.

JPMorgan Income ETF Price Performance

NYSEARCA:JPIE opened at $45.18 on Friday. JPMorgan Income ETF has a 52 week low of $44.58 and a 52 week high of $46.61. The firm’s 50-day simple moving average is $45.14 and its 200 day simple moving average is $45.83.

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.