JPMorgan Income ETF $JPIE Stock Holdings Boosted by NewEdge Advisors LLC

NewEdge Advisors LLC increased its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 25.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 266,874 shares of the company’s stock after acquiring an additional 54,424 shares during the period. NewEdge Advisors LLC owned approximately 0.14% of JPMorgan Income ETF worth $12,295,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of JPIE. Huntington National Bank bought a new stake in shares of JPMorgan Income ETF during the 4th quarter worth about $26,000. Rice Partnership LLC bought a new position in shares of JPMorgan Income ETF in the first quarter valued at approximately $30,000. Imprint Wealth LLC acquired a new position in shares of JPMorgan Income ETF during the third quarter valued at approximately $33,000. Torren Management LLC acquired a new position in shares of JPMorgan Income ETF during the first quarter valued at approximately $34,000. Finally, MidAtlantic Capital Management Inc. bought a new stake in JPMorgan Income ETF during the fourth quarter worth approximately $35,000.

JPMorgan Income ETF Stock Performance

JPIE opened at $45.84 on Friday. The business has a 50 day moving average price of $45.90 and a two-hundred day moving average price of $46.08. JPMorgan Income ETF has a 1-year low of $45.65 and a 1-year 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.