Orion Porfolio Solutions LLC lifted its stake in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 222.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 107,738 shares of the company’s stock after purchasing an additional 74,321 shares during the quarter. Orion Porfolio Solutions LLC owned about 0.11% of JPMorgan Income ETF worth $4,990,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also added to or reduced their stakes in JPIE. Parkworth Wealth Management Inc. purchased a new stake in shares of JPMorgan Income ETF in the second quarter worth $29,000. Twin Peaks Wealth Advisors LLC bought a new position in JPMorgan Income ETF in the 2nd quarter worth about $62,000. Newbridge Financial Services Group Inc. grew its position in JPMorgan Income ETF by 43.9% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,482 shares of the company’s stock valued at $69,000 after purchasing an additional 452 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in JPMorgan Income ETF by 26.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock valued at $76,000 after purchasing an additional 343 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC purchased a new position in JPMorgan Income ETF in the second quarter worth about $121,000.
JPMorgan Income ETF Trading Up 0.1%
Shares of NYSEARCA JPIE opened at $46.37 on Wednesday. The firm’s 50 day moving average price is $46.32 and its 200-day moving average price is $46.26. JPMorgan Income ETF has a 52-week low of $45.01 and a 52-week high of $46.57.
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.
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