Axxcess Wealth Management LLC Acquires 16,250 Shares of JPMorgan Income ETF $JPIE

Axxcess Wealth Management LLC grew its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 9.6% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 186,336 shares of the company’s stock after acquiring an additional 16,250 shares during the period. Axxcess Wealth Management LLC’s holdings in JPMorgan Income ETF were worth $8,584,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Huntington National Bank bought a new position in shares of JPMorgan Income ETF during the fourth quarter valued at approximately $26,000. Imprint Wealth LLC purchased a new position in JPMorgan Income ETF during the 3rd quarter valued at $33,000. MidAtlantic Capital Management Inc. purchased a new position in JPMorgan Income ETF during the 4th quarter valued at $35,000. Central Pacific Bank Trust Division bought a new position in JPMorgan Income ETF in the 4th quarter worth $35,000. Finally, Vermillion & White Wealth Management Group LLC lifted its position in shares of JPMorgan Income ETF by 351.6% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 849 shares of the company’s stock worth $39,000 after purchasing an additional 661 shares during the period.

JPMorgan Income ETF Stock Down 0.1%

Shares of JPIE stock opened at $45.86 on Wednesday. The business’s fifty day moving average is $45.98 and its 200 day moving average is $46.17. JPMorgan Income ETF has a twelve month low of $45.77 and a twelve month high of $46.61.

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.