SkyOak Wealth LLC Buys 13,800 Shares of JPMorgan Income ETF $JPIE

SkyOak Wealth LLC raised its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 8.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 169,510 shares of the company’s stock after acquiring an additional 13,800 shares during the period. JPMorgan Income ETF makes up approximately 1.4% of SkyOak Wealth LLC’s holdings, making the stock its 17th largest holding. SkyOak Wealth LLC’s holdings in JPMorgan Income ETF were worth $7,847,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its holdings in JPMorgan Income ETF by 8.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,429,426 shares of the company’s stock valued at $344,800,000 after purchasing an additional 578,800 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in JPMorgan Income ETF by 21.3% in the 4th quarter. Sequoia Financial Advisors LLC now owns 5,592,163 shares of the company’s stock valued at $258,861,000 after purchasing an additional 982,593 shares during the period. Savant Capital LLC boosted its holdings in JPMorgan Income ETF by 10.2% in the 3rd quarter. Savant Capital LLC now owns 3,538,263 shares of the company’s stock valued at $164,211,000 after purchasing an additional 328,043 shares during the period. Heritage Financial Services LLC boosted its holdings in JPMorgan Income ETF by 23.6% in the 4th quarter. Heritage Financial Services LLC now owns 2,848,628 shares of the company’s stock valued at $131,863,000 after purchasing an additional 543,246 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in JPMorgan Income ETF by 52.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,438,090 shares of the company’s stock valued at $113,152,000 after purchasing an additional 839,269 shares during the period.

JPMorgan Income ETF Price Performance

Shares of JPMorgan Income ETF stock opened at $45.98 on Friday. JPMorgan Income ETF has a fifty-two week low of $45.69 and a fifty-two week high of $46.61. The firm has a fifty day moving average price of $46.08 and a two-hundred day moving average price of $46.27.

JPMorgan Income ETF 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.