Southern Financial Group LLC Buys 160,822 Shares of JPMorgan Income ETF $JPIE

Southern Financial Group LLC boosted its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 11.4% during the third quarter, Holdings Channel.com reports. The firm owned 1,571,276 shares of the company’s stock after buying an additional 160,822 shares during the period. JPMorgan Income ETF accounts for about 19.3% of Southern Financial Group LLC’s portfolio, making the stock its largest position. Southern Financial Group LLC’s holdings in JPMorgan Income ETF were worth $70,535,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Next Level Wealth Planning LLC boosted its stake in shares of JPMorgan Income ETF by 24.6% during the third quarter. Next Level Wealth Planning LLC now owns 12,983 shares of the company’s stock valued at $583,000 after purchasing an additional 2,563 shares during the period. Signature Equity Partners LLC grew its holdings in shares of JPMorgan Income ETF by 5,362.4% in the third quarter. Signature Equity Partners LLC now owns 34,413 shares of the company’s stock worth $1,545,000 after purchasing an additional 33,783 shares during the last quarter. Certified Advisory Corp increased its stake in shares of JPMorgan Income ETF by 3.1% in the third quarter. Certified Advisory Corp now owns 533,801 shares of the company’s stock worth $23,962,000 after buying an additional 15,839 shares during the period. Optima Capital LLC increased its stake in shares of JPMorgan Income ETF by 49.1% in the third quarter. Optima Capital LLC now owns 219,312 shares of the company’s stock worth $9,845,000 after buying an additional 72,258 shares during the period. Finally, Royal Harbor Partners LLC increased its stake in shares of JPMorgan Income ETF by 3.4% in the third quarter. Royal Harbor Partners LLC now owns 213,874 shares of the company’s stock worth $9,601,000 after buying an additional 7,116 shares during the period.

JPMorgan Income ETF Trading Down 0.1%

NYSEARCA:JPIE opened at $45.00 on Wednesday. The company has a fifty day moving average of $45.19 and a 200 day moving average of $45.85. JPMorgan Income ETF has a 52 week low of $44.58 and a 52 week 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.