Heritage Financial Services LLC Has $131.86 Million Holdings in JPMorgan Income ETF $JPIE

Heritage Financial Services LLC raised its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 23.6% in the fourth quarter, Holdings Channel reports. The fund owned 2,848,628 shares of the company’s stock after purchasing an additional 543,246 shares during the quarter. JPMorgan Income ETF accounts for approximately 11.0% of Heritage Financial Services LLC’s investment portfolio, making the stock its 4th largest holding. Heritage Financial Services LLC’s holdings in JPMorgan Income ETF were worth $131,863,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. CENTRAL TRUST Co lifted its holdings in shares of JPMorgan Income ETF by 11.6% in the fourth quarter. CENTRAL TRUST Co now owns 4,810 shares of the company’s stock worth $223,000 after acquiring an additional 500 shares during the last quarter. Legacy Edge Advisors LLC bought a new position in shares of JPMorgan Income ETF in the fourth quarter worth about $10,814,000. Cornerstone Planning Group LLC bought a new position in shares of JPMorgan Income ETF in the fourth quarter worth about $228,000. Addison Capital Co lifted its holdings in shares of JPMorgan Income ETF by 35.3% in the fourth quarter. Addison Capital Co now owns 63,589 shares of the company’s stock worth $2,944,000 after acquiring an additional 16,584 shares during the last quarter. Finally, Horizon Investments LLC lifted its holdings in shares of JPMorgan Income ETF by 10.5% in the fourth quarter. Horizon Investments LLC now owns 172,703 shares of the company’s stock worth $7,994,000 after acquiring an additional 16,443 shares during the last quarter.

JPMorgan Income ETF Price Performance

JPIE stock opened at $46.00 on Monday. JPMorgan Income ETF has a 12 month low of $45.66 and a 12 month high of $46.61. The firm has a 50-day moving average price of $46.16 and a 200-day moving average price of $46.29.

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.