InTrack Investment Management Inc Has $3.27 Million Stock Position in JPMorgan Income ETF $JPIE

InTrack Investment Management Inc increased its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 66.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 70,941 shares of the company’s stock after acquiring an additional 28,378 shares during the quarter. JPMorgan Income ETF comprises approximately 1.6% of InTrack Investment Management Inc’s holdings, making the stock its 21st largest holding. InTrack Investment Management Inc’s holdings in JPMorgan Income ETF were worth $3,267,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of JPIE. Jones Financial Companies Lllp bought a new position in shares of JPMorgan Income ETF during the 1st quarter worth about $555,000. EverSource Wealth Advisors LLC lifted 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 lifted 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. grew its position in JPMorgan Income ETF by 21.1% during the second quarter. Raymond James Financial Inc. now owns 710,909 shares of the company’s stock worth $32,929,000 after buying an additional 123,935 shares in the last quarter. Finally, Vienna Asset Management LLC grew its position in JPMorgan Income ETF by 21.8% during the second quarter. Vienna Asset Management LLC now owns 43,197 shares of the company’s stock worth $2,001,000 after buying an additional 7,735 shares in the last quarter.

JPMorgan Income ETF Stock Performance

Shares of JPIE opened at $45.60 on Thursday. The stock’s 50-day moving average price is $45.86 and its 200 day moving average price is $46.01. JPMorgan Income ETF has a 12-month low of $45.54 and a 12-month 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.