Confluence Wealth Services Inc. grew its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 20.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 889,323 shares of the company’s stock after purchasing an additional 148,521 shares during the period. JPMorgan Income ETF makes up 1.0% of Confluence Wealth Services Inc.’s investment portfolio, making the stock its 20th biggest holding. Confluence Wealth Services Inc. owned about 0.35% of JPMorgan Income ETF worth $39,922,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Lido Advisors LLC bought a new position in JPMorgan Income ETF in the third quarter worth approximately $706,000. D Orazio & Associates Inc. acquired a new stake in JPMorgan Income ETF in the third quarter valued at approximately $47,794,000. Pinion Investment Advisors LLC increased its holdings in shares of JPMorgan Income ETF by 2.7% during the third quarter. Pinion Investment Advisors LLC now owns 358,909 shares of the company’s stock valued at $16,111,000 after acquiring an additional 9,551 shares in the last quarter. Entrust Financial LLC bought a new stake in shares of JPMorgan Income ETF during the third quarter valued at approximately $2,950,000. Finally, Means Investment CO. Inc. bought a new stake in shares of JPMorgan Income ETF during the third quarter valued at approximately $33,036,000.
JPMorgan Income ETF Stock Down 0.4%
Shares of NYSEARCA:JPIE opened at $45.04 on Wednesday. JPMorgan Income ETF has a twelve month low of $44.58 and a twelve month high of $46.61. The stock’s 50 day moving average is $45.11 and its 200-day moving average is $45.82.
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.
Featured Articles
- Five stocks we like better than JPMorgan Income ETF
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
Want to see what other hedge funds are holding JPIE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Income ETF (NYSEARCA:JPIE – Free Report).
Receive News & Ratings for JPMorgan Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
