Modera Wealth Management LLC Acquires New Position in JPMorgan Income ETF $JPIE

Modera Wealth Management LLC bought a new position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 36,363 shares of the company’s stock, valued at approximately $1,632,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. IFP Advisors Inc increased its stake in shares of JPMorgan Income ETF by 254.7% during the 3rd quarter. IFP Advisors Inc now owns 46,720 shares of the company’s stock valued at $2,097,000 after acquiring an additional 33,549 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of JPMorgan Income ETF by 11.7% in the second quarter. Sequoia Financial Advisors LLC now owns 7,131,321 shares of the company’s stock worth $328,397,000 after acquiring an additional 747,797 shares during the last quarter. William Mack & Associates Inc. boosted its position in shares of JPMorgan Income ETF by 82.9% in the second quarter. William Mack & Associates Inc. now owns 50,476 shares of the company’s stock worth $2,324,000 after acquiring an additional 22,882 shares during the last quarter. Kintra Wealth LLC boosted its position in shares of JPMorgan Income ETF by 47.1% in the second quarter. Kintra Wealth LLC now owns 848,974 shares of the company’s stock worth $38,951,000 after acquiring an additional 271,777 shares during the last quarter. Finally, Rehmann Capital Advisory Group purchased a new stake in JPMorgan Income ETF in the second quarter valued at approximately $1,250,000.

JPMorgan Income ETF Price Performance

Shares of JPIE stock opened at $45.25 on Monday. JPMorgan Income ETF has a one year low of $44.58 and a one year high of $46.61. The company has a 50 day moving average price of $45.22 and a 200 day moving average price of $45.86.

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.