Longview Financial Advisors LLC Purchases 20,306 Shares of JPMorgan Income ETF $JPIE

Longview Financial Advisors LLC grew its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 4.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 475,253 shares of the company’s stock after buying an additional 20,306 shares during the quarter. JPMorgan Income ETF accounts for approximately 12.7% of Longview Financial Advisors LLC’s holdings, making the stock its 3rd biggest holding. Longview Financial Advisors LLC’s holdings in JPMorgan Income ETF were worth $22,056,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. grew its stake 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 acquiring an additional 578,800 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of JPMorgan Income ETF by 71.0% in the third quarter. Sequoia Financial Advisors LLC now owns 4,609,570 shares of the company’s stock valued at $213,930,000 after purchasing an additional 1,914,053 shares in the last quarter. Savant Capital LLC lifted its holdings in shares of JPMorgan Income ETF by 10.2% in the third 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 in the last quarter. Envestnet Asset Management Inc. grew its position in shares of JPMorgan Income ETF by 52.5% in the third 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 last quarter. Finally, Heritage Financial Services LLC increased its stake in shares of JPMorgan Income ETF by 4.5% during the 3rd quarter. Heritage Financial Services LLC now owns 2,305,382 shares of the company’s stock worth $106,993,000 after purchasing an additional 99,558 shares in the last quarter.

JPMorgan Income ETF Stock Performance

Shares of JPMorgan Income ETF stock opened at $46.55 on Wednesday. JPMorgan Income ETF has a 1 year low of $45.01 and a 1 year high of $46.57. The business has a 50 day moving average price of $46.41 and a 200 day moving average price of $46.37.

JPMorgan Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a $0.2036 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend was Monday, February 2nd.

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.