JPMorgan Income ETF $JPIE Shares Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC increased its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 14.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,383,524 shares of the company’s stock after purchasing an additional 791,361 shares during the period. JPMorgan Income ETF accounts for 1.6% of Sequoia Financial Advisors LLC’s investment portfolio, making the stock its 10th largest holding. Sequoia Financial Advisors LLC’s holdings in JPMorgan Income ETF were worth $294,089,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in JPIE. Morgan Stanley lifted its holdings 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 stake in shares of 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 in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of JPMorgan Income ETF by 1,680.7% in the 4th 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 during the period. Williams Financial LLC grew its holdings in JPMorgan Income ETF by 131.0% during the fourth quarter. Williams Financial LLC now owns 1,053,702 shares of the company’s stock worth $48,776,000 after acquiring an additional 597,595 shares during the period. Finally, Heritage Financial Services LLC increased its holdings in shares of JPMorgan Income ETF by 23.6% in the 4th quarter. Heritage Financial Services LLC now owns 2,848,628 shares of the company’s stock valued at $131,863,000 after purchasing an additional 543,246 shares in the last quarter.

JPMorgan Income ETF Stock Performance

JPIE remained flat at $45.87 on Friday. 1,053,566 shares of the company’s stock traded hands, compared to its average volume of 1,436,194. The business has a fifty day moving average price of $45.96 and a two-hundred day moving average price of $46.16. JPMorgan Income ETF has a one year low of $45.77 and a one year high of $46.61.

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.