D.A. Davidson & CO. Has $16.51 Million Position in JPMorgan Income ETF $JPIE

D.A. Davidson & CO. raised its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 236.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 355,745 shares of the company’s stock after buying an additional 249,876 shares during the quarter. D.A. Davidson & CO.’s holdings in JPMorgan Income ETF were worth $16,510,000 as of its most recent SEC filing.

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

JPMorgan Income ETF Stock Up 0.2%

NYSEARCA JPIE opened at $46.35 on Tuesday. JPMorgan Income ETF has a 1-year low of $45.01 and a 1-year high of $46.57. The company has a 50 day moving average of $46.33 and a 200-day moving average of $46.31.

About JPMorgan Income ETF

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.