JPMorgan Income ETF $JPIE Shares Acquired by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. lifted its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 47.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 191,748 shares of the company’s stock after purchasing an additional 61,695 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in JPMorgan Income ETF were worth $8,876,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Global View Capital Management LLC increased its position in shares of JPMorgan Income ETF by 3.3% during the fourth quarter. Global View Capital Management LLC now owns 6,945 shares of the company’s stock worth $321,000 after purchasing an additional 220 shares in the last quarter. Steinberganna Wealth Management increased its position in shares of JPMorgan Income ETF by 1.8% during the fourth quarter. Steinberganna Wealth Management now owns 13,806 shares of the company’s stock worth $639,000 after purchasing an additional 246 shares in the last quarter. Fagan Associates Inc. increased its position in JPMorgan Income ETF by 3.3% in the 4th quarter. Fagan Associates Inc. now owns 7,775 shares of the company’s stock valued at $360,000 after acquiring an additional 250 shares during the period. Summit Wealth Partners LLC increased its position in JPMorgan Income ETF by 3.9% in the 4th quarter. Summit Wealth Partners LLC now owns 7,012 shares of the company’s stock valued at $325,000 after acquiring an additional 260 shares during the period. Finally, Mayfair Advisory Group LLC increased its position in JPMorgan Income ETF by 3.1% in the 4th quarter. Mayfair Advisory Group LLC now owns 10,006 shares of the company’s stock valued at $463,000 after acquiring an additional 300 shares during the period.

JPMorgan Income ETF Stock Performance

Shares of JPIE stock opened at $45.90 on Thursday. JPMorgan Income ETF has a 52-week low of $45.75 and a 52-week high of $46.61. The stock’s 50-day moving average price is $46.05 and its 200 day moving average price is $46.25.

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.