Founders Financial Securities LLC Acquires 16,893 Shares of JPMorgan Income ETF $JPIE

Founders Financial Securities LLC grew its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 9.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 189,908 shares of the company’s stock after purchasing an additional 16,893 shares during the period. Founders Financial Securities LLC owned about 0.10% of JPMorgan Income ETF worth $8,753,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Rockefeller Capital Management L.P. boosted its stake in shares of JPMorgan Income ETF by 1,680.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,131,981 shares of the company’s stock valued at $52,399,000 after buying an additional 1,068,410 shares during the period. World Investment Advisors grew its position in JPMorgan Income ETF by 11.9% during the fourth quarter. World Investment Advisors now owns 43,777 shares of the company’s stock worth $2,026,000 after buying an additional 4,639 shares in the last quarter. S Harris Financial Group LLC bought a new position in JPMorgan Income ETF during the 4th quarter worth $8,903,000. NCM Capital Management LLC increased its stake in JPMorgan Income ETF by 145.9% during the 4th quarter. NCM Capital Management LLC now owns 15,000 shares of the company’s stock worth $694,000 after acquiring an additional 8,900 shares during the period. Finally, Nolet Wealth Management LLC acquired a new position in JPMorgan Income ETF in the 4th quarter valued at $1,909,000.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA JPIE opened at $45.95 on Friday. The business has a fifty day moving average price of $46.03 and a two-hundred day moving average price of $46.20. JPMorgan Income ETF has a fifty-two week low of $45.77 and a fifty-two week high of $46.61.

JPMorgan Income ETF Company 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.