Client First Investment Management LLC Makes New $910,000 Investment in JPMorgan Income ETF $JPIE

Client First Investment Management LLC acquired a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm acquired 19,771 shares of the company’s stock, valued at approximately $910,000. JPMorgan Income ETF comprises 0.4% of Client First Investment Management LLC’s holdings, making the stock its 25th largest position.

Several other hedge funds have also recently modified their holdings of JPIE. Jones Financial Companies Lllp purchased a new position in shares of JPMorgan Income ETF in the 1st quarter worth approximately $555,000. EverSource Wealth Advisors LLC increased its position in shares of 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 acquiring an additional 343 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in JPMorgan Income ETF by 13.9% during the second quarter. NewEdge Advisors LLC now owns 149,989 shares of the company’s stock worth $6,948,000 after acquiring an additional 18,298 shares during the period. Raymond James Financial Inc. lifted its holdings 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 worth $32,929,000 after acquiring an additional 123,935 shares during the period. Finally, Vienna Asset Management LLC lifted its holdings 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 worth $2,001,000 after acquiring an additional 7,735 shares during the period.

JPMorgan Income ETF Price Performance

JPIE stock opened at $45.84 on Friday. The stock’s fifty day simple moving average is $45.90 and its two-hundred day simple moving average is $46.08. JPMorgan Income ETF has a 1-year low of $45.65 and a 1-year high of $46.61.

About JPMorgan Income ETF

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.