35,680 Shares in JPMorgan Income ETF $JPIE Acquired by S&A Financial Services Inc.

S&A Financial Services Inc. purchased a new position in JPMorgan Income ETF (NYSEARCA:JPIE) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 35,680 shares of the company’s stock, valued at approximately $1,644,000. JPMorgan Income ETF makes up approximately 1.1% of S&A Financial Services Inc.’s portfolio, making the stock its 27th largest position.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Morgan Stanley raised its position in shares of JPMorgan Income ETF by 25.8% during the fourth quarter. Morgan Stanley now owns 6,790,024 shares of the company’s stock worth $314,310,000 after purchasing an additional 1,393,857 shares during the period. Wells Fargo & Company MN raised its holdings in JPMorgan Income ETF by 45.9% during the fourth quarter. Wells Fargo & Company MN now owns 3,759,117 shares of the company’s stock worth $174,009,000 after buying an additional 1,181,828 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in shares of JPMorgan Income ETF by 1,680.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,131,981 shares of the company’s stock valued at $52,399,000 after buying an additional 1,068,410 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in shares of JPMorgan Income ETF by 21.3% in the fourth quarter. Sequoia Financial Advisors LLC now owns 5,592,163 shares of the company’s stock valued at $258,861,000 after buying an additional 982,593 shares in the last quarter. Finally, Arkadios Wealth Advisors grew its holdings in shares of JPMorgan Income ETF by 301.2% during the first quarter. Arkadios Wealth Advisors now owns 1,203,036 shares of the company’s stock valued at $55,424,000 after buying an additional 903,176 shares during the last quarter.

JPMorgan Income ETF Stock Performance

JPIE opened at $45.84 on Monday. JPMorgan Income ETF has a fifty-two week low of $45.73 and a fifty-two week high of $46.61. The company’s 50-day moving average is $45.92 and its 200 day moving average is $46.10.

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.