Money Concepts Capital Corp purchased a new position in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 14,806 shares of the company’s stock, valued at approximately $665,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tortoise Investment Management LLC grew its stake in JPMorgan Income ETF by 211.2% during the 3rd quarter. Tortoise Investment Management LLC now owns 248,123 shares of the company’s stock valued at $11,138,000 after acquiring an additional 168,391 shares in the last quarter. CENTRAL TRUST Co acquired a new position in shares of JPMorgan Income ETF during the 3rd quarter worth approximately $271,000. Advisor Resource Council acquired a new position in shares of JPMorgan Income ETF during the 3rd quarter worth approximately $353,000. Granville Capital Inc. purchased a new stake in shares of JPMorgan Income ETF in the third quarter valued at approximately $618,000. Finally, Confluence Wealth Services Inc. grew its position in shares of JPMorgan Income ETF by 20.0% in the third quarter. Confluence Wealth Services Inc. now owns 889,323 shares of the company’s stock valued at $39,922,000 after purchasing an additional 148,521 shares in the last quarter.
JPMorgan Income ETF Price Performance
Shares of NYSEARCA:JPIE traded down $0.03 during midday trading on Friday, hitting $44.83. The company had a trading volume of 1,645,969 shares, compared to its average volume of 1,591,345. JPMorgan Income ETF has a twelve month low of $44.58 and a twelve month high of $46.61. The business’s 50-day simple moving average is $45.07 and its 200-day simple moving average is $45.80.
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.
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