Daviman Financial LLC Purchases Shares of 14,801 JPMorgan Income ETF $JPIE

Daviman Financial LLC purchased a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) during the 1st quarter, Holdings Channel reports. The firm purchased 14,801 shares of the company’s stock, valued at approximately $682,000.

Other hedge funds have also modified their holdings of the company. Chesley Taft & Associates LLC grew its holdings in shares of JPMorgan Income ETF by 26.7% during the fourth quarter. Chesley Taft & Associates LLC now owns 79,920 shares of the company’s stock worth $3,699,000 after buying an additional 16,848 shares in the last quarter. EPG Wealth Management LLC raised its position in shares of JPMorgan Income ETF by 10.1% in the fourth quarter. EPG Wealth Management LLC now owns 126,586 shares of the company’s stock valued at $5,860,000 after buying an additional 11,577 shares during the last quarter. Obsidian Personal Planning Solutions LLC lifted its stake in shares of JPMorgan Income ETF by 3.8% during the third quarter. Obsidian Personal Planning Solutions LLC now owns 298,749 shares of the company’s stock valued at $13,865,000 after buying an additional 10,962 shares during the period. Pennsylvania Capital Management Inc. ADV lifted its stake in shares of JPMorgan Income ETF by 4.4% during the fourth quarter. Pennsylvania Capital Management Inc. ADV now owns 453,100 shares of the company’s stock valued at $20,974,000 after buying an additional 19,208 shares during the period. Finally, Choreo LLC boosted its position in JPMorgan Income ETF by 2,878.1% during the fourth quarter. Choreo LLC now owns 164,988 shares of the company’s stock worth $7,675,000 after acquiring an additional 159,448 shares during the last quarter.

JPMorgan Income ETF Trading Down 0.1%

Shares of JPIE opened at $46.05 on Wednesday. The stock has a fifty day moving average of $46.01 and a two-hundred day moving average of $46.19. 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.