O ROURKE & COMPANY Inc Boosts Position in JPMorgan Income ETF $JPIE

O ROURKE & COMPANY Inc boosted its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 13.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 160,980 shares of the company’s stock after purchasing an additional 19,342 shares during the quarter. JPMorgan Income ETF comprises approximately 3.1% of O ROURKE & COMPANY Inc’s portfolio, making the stock its 5th biggest holding. O ROURKE & COMPANY Inc owned approximately 0.13% of JPMorgan Income ETF worth $7,471,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Parkworth Wealth Management Inc. bought a new stake in shares of JPMorgan Income ETF during the 2nd quarter worth $29,000. Total Investment Management Inc. purchased a new stake in JPMorgan Income ETF during the second quarter valued at about $37,000. Twin Peaks Wealth Advisors LLC bought a new stake in JPMorgan Income ETF during the second quarter worth about $62,000. Newbridge Financial Services Group Inc. boosted its holdings in shares of JPMorgan Income ETF by 43.9% in 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 in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings 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 worth $76,000 after purchasing an additional 343 shares in the last quarter.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA JPIE opened at $46.27 on Monday. The stock’s 50-day moving average is $46.34 and its 200 day moving average is $46.31. JPMorgan Income ETF has a 1-year low of $45.01 and a 1-year 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.