JPMorgan Income ETF $JPIE Shares Acquired by 5T Wealth LLC

5T Wealth LLC grew its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 34.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 43,680 shares of the company’s stock after acquiring an additional 11,157 shares during the period. 5T Wealth LLC’s holdings in JPMorgan Income ETF were worth $2,027,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Parkworth Wealth Management Inc. purchased a new stake in shares of JPMorgan Income ETF during the second quarter worth about $29,000. Total Investment Management Inc. acquired a new stake in JPMorgan Income ETF during the second quarter worth about $37,000. Twin Peaks Wealth Advisors LLC acquired a new position in JPMorgan Income ETF in the second quarter valued at approximately $62,000. Newbridge Financial Services Group Inc. grew its holdings in shares of JPMorgan Income ETF by 43.9% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,482 shares of the company’s stock worth $69,000 after purchasing an additional 452 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in shares of JPMorgan Income ETF by 26.4% in the 2nd 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 period.

JPMorgan Income ETF Stock Performance

JPIE opened at $46.48 on Monday. The business has a fifty day simple moving average of $46.34 and a 200-day simple moving average of $46.29. JPMorgan Income ETF has a 52 week low of $45.01 and a 52 week high of $46.57.

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.