Truist Financial Corp Grows Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Truist Financial Corp lifted its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 770.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 69,319 shares of the company’s stock after purchasing an additional 61,355 shares during the quarter. Truist Financial Corp owned about 0.56% of JPMorgan Income ETF worth $3,162,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. CENTRAL TRUST Co increased its holdings in JPMorgan Income ETF by 104.6% during the 4th quarter. CENTRAL TRUST Co now owns 673 shares of the company’s stock worth $31,000 after purchasing an additional 344 shares during the last quarter. Iron Horse Wealth Management LLC acquired a new position in JPMorgan Income ETF during the 4th quarter worth $36,000. G&S Capital LLC bought a new stake in shares of JPMorgan Income ETF in the 4th quarter worth about $205,000. Indie Asset Partners LLC acquired a new stake in shares of JPMorgan Income ETF in the 4th quarter valued at about $205,000. Finally, Per Stirling Capital Management LLC. bought a new position in shares of JPMorgan Income ETF during the third quarter worth about $209,000.

JPMorgan Income ETF Price Performance

Shares of JPMorgan Income ETF stock opened at $45.22 on Wednesday. The business has a 50-day moving average price of $45.22 and a 200 day moving average price of $45.15. JPMorgan Income ETF has a fifty-two week low of $43.72 and a fifty-two week high of $46.01.

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.