Asset Advisory Group Inc. Acquires 16,947 Shares of JPMorgan Income ETF $JPIE

Asset Advisory Group Inc. grew its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 13.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 139,081 shares of the company’s stock after purchasing an additional 16,947 shares during the period. JPMorgan Income ETF makes up about 3.2% of Asset Advisory Group Inc.’s portfolio, making the stock its 10th biggest holding. Asset Advisory Group Inc. owned about 0.07% of JPMorgan Income ETF worth $6,407,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in JPIE. Huntington National Bank purchased a new position in JPMorgan Income ETF during the 4th quarter worth $26,000. Imprint Wealth LLC purchased a new stake in JPMorgan Income ETF in the third quarter valued at about $33,000. Central Pacific Bank Trust Division acquired a new stake in JPMorgan Income ETF in the fourth quarter worth about $35,000. MidAtlantic Capital Management Inc. acquired a new stake in JPMorgan Income ETF in the fourth quarter worth about $35,000. Finally, Vermillion & White Wealth Management Group LLC boosted its holdings in JPMorgan Income ETF by 351.6% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 849 shares of the company’s stock worth $39,000 after acquiring an additional 661 shares in the last quarter.

JPMorgan Income ETF Stock Performance

Shares of JPIE stock opened at $45.95 on Friday. JPMorgan Income ETF has a fifty-two week low of $45.77 and a fifty-two week high of $46.61. The stock’s 50-day simple moving average is $46.03 and its 200-day simple moving average is $46.20.

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.