Diversified Enterprises LLC Has $35.17 Million Stock Holdings in JPMorgan Income ETF $JPIE

Diversified Enterprises LLC boosted its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 2.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 759,765 shares of the company’s stock after purchasing an additional 21,271 shares during the quarter. JPMorgan Income ETF comprises approximately 2.1% of Diversified Enterprises LLC’s portfolio, making the stock its 11th largest holding. Diversified Enterprises LLC’s holdings in JPMorgan Income ETF were worth $35,170,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Cornerstone Advisory LLC raised its position in JPMorgan Income ETF by 5.9% in the 4th quarter. Cornerstone Advisory LLC now owns 632,844 shares of the company’s stock valued at $29,294,000 after buying an additional 35,286 shares during the last quarter. O ROURKE & COMPANY Inc raised its position in JPMorgan Income ETF by 20.6% in the 4th quarter. O ROURKE & COMPANY Inc now owns 194,134 shares of the company’s stock valued at $8,986,000 after buying an additional 33,154 shares during the last quarter. West Michigan Advisors LLC raised its position in JPMorgan Income ETF by 17.1% in the 4th quarter. West Michigan Advisors LLC now owns 22,125 shares of the company’s stock valued at $1,029,000 after buying an additional 3,231 shares during the last quarter. Confluence Wealth Services Inc. raised its position in JPMorgan Income ETF by 2,446.6% in the 4th quarter. Confluence Wealth Services Inc. now owns 458,059 shares of the company’s stock valued at $21,204,000 after buying an additional 440,072 shares during the last quarter. Finally, EPG Wealth Management LLC raised its position in JPMorgan Income ETF by 10.1% in the 4th quarter. EPG Wealth Management LLC now owns 126,586 shares of the company’s stock valued at $5,860,000 after buying an additional 11,577 shares during the last quarter.

JPMorgan Income ETF Price Performance

Shares of JPMorgan Income ETF stock opened at $46.17 on Friday. The business’s 50 day simple moving average is $46.19 and its 200 day simple moving average is $46.29. JPMorgan Income ETF has a 52-week low of $45.66 and a 52-week high of $46.61.

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.