Great Valley Advisor Group Inc. Buys 433,451 Shares of JPMorgan Income ETF $JPIE

Great Valley Advisor Group Inc. lifted its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 2,032.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 454,774 shares of the company’s stock after acquiring an additional 433,451 shares during the quarter. Great Valley Advisor Group Inc. owned about 0.27% of JPMorgan Income ETF worth $21,051,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Kovack Advisors Inc. boosted its stake in shares of JPMorgan Income ETF by 19.5% during the 4th quarter. Kovack Advisors Inc. now owns 51,478 shares of the company’s stock worth $2,383,000 after acquiring an additional 8,400 shares in the last quarter. Meeder Advisory Services Inc. boosted its stake in shares of JPMorgan Income ETF by 13.5% during the 4th quarter. Meeder Advisory Services Inc. now owns 25,763 shares of the company’s stock worth $1,193,000 after acquiring an additional 3,065 shares in the last quarter. Capital Analysts LLC boosted its stake in shares of JPMorgan Income ETF by 139.7% during the 4th quarter. Capital Analysts LLC now owns 12,777 shares of the company’s stock worth $592,000 after acquiring an additional 7,447 shares in the last quarter. Alteri Wealth LLC boosted its stake in shares of JPMorgan Income ETF by 31.3% during the 4th quarter. Alteri Wealth LLC now owns 11,150 shares of the company’s stock worth $516,000 after acquiring an additional 2,655 shares in the last quarter. Finally, Cerity Partners LLC acquired a new position in shares of JPMorgan Income ETF during the 4th quarter worth about $301,000.

JPMorgan Income ETF Price Performance

NYSEARCA JPIE opened at $45.99 on Friday. JPMorgan Income ETF has a twelve month low of $45.77 and a twelve month high of $46.61. The stock has a 50-day simple moving average of $46.02 and a 200 day simple moving average of $46.22.

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.