Financial Futures Ltd Liability Co. Grows Stock Position in JPMorgan Income ETF $JPIE

Financial Futures Ltd Liability Co. raised its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 9.3% in the 1st quarter, Holdings Channel reports. The fund owned 211,128 shares of the company’s stock after purchasing an additional 18,052 shares during the period. JPMorgan Income ETF accounts for 4.3% of Financial Futures Ltd Liability Co.’s holdings, making the stock its 11th biggest holding. Financial Futures Ltd Liability Co.’s holdings in JPMorgan Income ETF were worth $9,727,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Income ETF by 4.1% during the fourth quarter. JPMorgan Chase & Co. now owns 7,731,323 shares of the company’s stock worth $357,883,000 after purchasing an additional 301,897 shares in the last quarter. Morgan Stanley grew its holdings in JPMorgan Income ETF by 25.8% during the 4th quarter. Morgan Stanley now owns 6,790,024 shares of the company’s stock valued at $314,310,000 after purchasing an additional 1,393,857 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in JPMorgan Income ETF by 21.3% during the 4th quarter. Sequoia Financial Advisors LLC now owns 5,592,163 shares of the company’s stock valued at $258,861,000 after purchasing an additional 982,593 shares in the last quarter. Wells Fargo & Company MN increased its stake in JPMorgan Income ETF by 45.9% during the 4th 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 period. Finally, Heritage Financial Services LLC increased its stake in JPMorgan Income ETF by 23.6% during the 4th quarter. Heritage Financial Services LLC now owns 2,848,628 shares of the company’s stock worth $131,863,000 after buying an additional 543,246 shares during the period.

JPMorgan Income ETF Trading Up 0.0%

Shares of JPIE stock opened at $46.07 on Friday. JPMorgan Income ETF has a 12 month low of $45.77 and a 12 month high of $46.61. The company’s fifty day moving average price is $46.02 and its two-hundred day moving average price is $46.19.

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.