Capital Advisors Wealth Management LLC Raises Stock Position in JPMorgan Income ETF $JPIE

Capital Advisors Wealth Management LLC raised its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 3.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 536,064 shares of the company’s stock after purchasing an additional 18,907 shares during the period. JPMorgan Income ETF accounts for approximately 3.6% of Capital Advisors Wealth Management LLC’s holdings, making the stock its 8th biggest position. Capital Advisors Wealth Management LLC owned approximately 0.45% of JPMorgan Income ETF worth $24,879,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Income ETF by 35.2% during the second quarter. JPMorgan Chase & Co. now owns 6,850,626 shares of the company’s stock valued at $317,321,000 after buying an additional 1,783,134 shares during the last quarter. Savant Capital LLC grew its holdings 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 worth $148,697,000 after buying an additional 712,653 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in JPMorgan Income ETF by 24.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 2,695,517 shares of the company’s stock valued at $124,856,000 after acquiring an additional 536,335 shares during the period. Heritage Financial Services LLC raised its stake in JPMorgan Income ETF by 1.1% during the 2nd quarter. Heritage Financial Services LLC now owns 2,205,824 shares of the company’s stock valued at $102,174,000 after acquiring an additional 23,079 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in JPMorgan Income ETF by 15.7% during the 2nd 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 in the last quarter.

JPMorgan Income ETF Trading Up 0.1%

Shares of JPIE stock opened at $46.47 on Friday. JPMorgan Income ETF has a 1 year low of $45.01 and a 1 year high of $46.57. The stock has a fifty day moving average of $46.34 and a two-hundred day moving average of $46.28.

JPMorgan Income ETF 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.