Harbour Investments Inc. Has $4.40 Million Position in JPMorgan Income ETF $JPIE

Harbour Investments Inc. boosted its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 25.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 95,025 shares of the company’s stock after purchasing an additional 19,345 shares during the period. Harbour Investments Inc.’s holdings in JPMorgan Income ETF were worth $4,399,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of JPIE. Jones Financial Companies Lllp acquired a new position in JPMorgan Income ETF in the 1st quarter worth about $555,000. EverSource Wealth Advisors LLC increased its stake in shares of JPMorgan Income ETF by 26.4% in the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock valued at $76,000 after buying an additional 343 shares during the period. NewEdge Advisors LLC increased its stake in shares of JPMorgan Income ETF by 13.9% in the second quarter. NewEdge Advisors LLC now owns 149,989 shares of the company’s stock valued at $6,948,000 after buying an additional 18,298 shares during the period. Raymond James Financial Inc. increased its stake in shares of JPMorgan Income ETF by 21.1% in the second quarter. Raymond James Financial Inc. now owns 710,909 shares of the company’s stock valued at $32,929,000 after buying an additional 123,935 shares during the period. Finally, Vienna Asset Management LLC increased its stake in shares of JPMorgan Income ETF by 21.8% in the second quarter. Vienna Asset Management LLC now owns 43,197 shares of the company’s stock valued at $2,001,000 after buying an additional 7,735 shares during the period.

JPMorgan Income ETF Price Performance

Shares of JPIE stock opened at $46.00 on Wednesday. The stock has a 50-day moving average of $46.03 and a 200-day moving average of $46.24. JPMorgan Income ETF has a 1-year low of $45.76 and a 1-year high of $46.61.

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.