Truist Financial Corp Buys 80,077 Shares of JPMorgan Income ETF $JPIE

Truist Financial Corp boosted its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 10.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 835,817 shares of the company’s stock after purchasing an additional 80,077 shares during the period. Truist Financial Corp owned about 0.50% of JPMorgan Income ETF worth $38,690,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JPIE. Jones Financial Companies Lllp bought a new position in JPMorgan Income ETF during the first quarter valued at approximately $555,000. EverSource Wealth Advisors LLC lifted its position in JPMorgan Income ETF by 26.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock valued at $76,000 after purchasing an additional 343 shares during the period. NewEdge Advisors LLC lifted its position in JPMorgan Income ETF by 13.9% during the second quarter. NewEdge Advisors LLC now owns 149,989 shares of the company’s stock valued at $6,948,000 after purchasing an additional 18,298 shares during the period. Raymond James Financial Inc. lifted 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 valued at $32,929,000 after purchasing an additional 123,935 shares during the period. Finally, Vienna Asset Management LLC lifted 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 valued at $2,001,000 after purchasing an additional 7,735 shares during the period.

JPMorgan Income ETF Stock Performance

Shares of JPMorgan Income ETF stock opened at $45.97 on Wednesday. The company’s 50 day moving average is $46.14 and its 200 day moving average is $46.29. JPMorgan Income ETF has a twelve month low of $45.68 and a twelve 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.