155,899 Shares in JPMorgan Income ETF $JPIE Bought by Founders Financial Securities LLC

Founders Financial Securities LLC acquired a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) during the 3rd quarter, Holdings Channel reports. The fund acquired 155,899 shares of the company’s stock, valued at approximately $7,235,000.

Several other institutional investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Income ETF by 35.2% in the second quarter. JPMorgan Chase & Co. now owns 6,850,626 shares of the company’s stock worth $317,321,000 after acquiring an additional 1,783,134 shares during the last quarter. Savant Capital LLC increased its position in JPMorgan Income ETF by 28.5% in the 2nd quarter. Savant Capital LLC now owns 3,210,220 shares of the company’s stock valued at $148,697,000 after acquiring an additional 712,653 shares during the period. Sequoia Financial Advisors LLC raised its position in JPMorgan Income ETF by 24.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 2,695,517 shares of the company’s stock worth $124,856,000 after purchasing an additional 536,335 shares during the last quarter. Heritage Financial Services LLC raised its position in shares of JPMorgan Income ETF by 1.1% during the second quarter. Heritage Financial Services LLC now owns 2,205,824 shares of the company’s stock worth $102,174,000 after acquiring an additional 23,079 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in JPMorgan Income ETF by 15.7% in the second quarter. Bank of America Corp DE now owns 2,164,650 shares of the company’s stock valued at $100,267,000 after acquiring an additional 293,600 shares during the last quarter.

JPMorgan Income ETF Price Performance

NYSEARCA:JPIE opened at $46.43 on Wednesday. JPMorgan Income ETF has a fifty-two week low of $45.01 and a fifty-two week high of $46.57. The company has a 50 day simple moving average of $46.33 and a two-hundred day simple moving average of $46.28.

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.