Lineweaver Wealth Advisors LLC raised its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 3.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 555,932 shares of the company’s stock after buying an additional 18,546 shares during the quarter. JPMorgan Income ETF comprises 2.9% of Lineweaver Wealth Advisors LLC’s portfolio, making the stock its 8th biggest position. Lineweaver Wealth Advisors LLC owned 0.23% of JPMorgan Income ETF worth $24,956,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Founders Financial Securities LLC lifted its holdings in JPMorgan Income ETF by 9.8% during the first quarter. Founders Financial Securities LLC now owns 189,908 shares of the company’s stock worth $8,753,000 after acquiring an additional 16,893 shares in the last quarter. William Mack & Associates Inc. grew its stake in JPMorgan Income ETF by 82.9% in the second quarter. William Mack & Associates Inc. now owns 50,476 shares of the company’s stock valued at $2,324,000 after acquiring an additional 22,882 shares during the period. Sequoia Financial Advisors LLC grew its stake in JPMorgan Income ETF by 11.7% in the second quarter. Sequoia Financial Advisors LLC now owns 7,131,321 shares of the company’s stock valued at $328,397,000 after acquiring an additional 747,797 shares during the period. Montecito Bank & Trust grew its position in shares of JPMorgan Income ETF by 29.2% in the 1st quarter. Montecito Bank & Trust now owns 91,043 shares of the company’s stock valued at $4,194,000 after purchasing an additional 20,570 shares during the period. Finally, Kintra Wealth LLC increased its stake in JPMorgan Income ETF by 47.1% during the 2nd quarter. Kintra Wealth LLC now owns 848,974 shares of the company’s stock worth $38,951,000 after purchasing an additional 271,777 shares in the last quarter.
JPMorgan Income ETF Stock Performance
JPIE stock traded down $0.01 during mid-day trading on Tuesday, hitting $44.80. 1,850,773 shares of the company were exchanged, compared to its average volume of 1,513,977. The firm’s 50 day simple moving average is $45.45 and its 200 day simple moving average is $45.79. JPMorgan Income ETF has a 1-year low of $44.58 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.
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