Fifth Third Bancorp Makes New Investment in JPMorgan Income ETF $JPIE

Fifth Third Bancorp acquired a new stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 34,077 shares of the company’s stock, valued at approximately $1,570,000.

Several other large investors also recently modified their holdings of JPIE. Global View Capital Management LLC lifted its position in shares of JPMorgan Income ETF by 3.3% during the 4th quarter. Global View Capital Management LLC now owns 6,945 shares of the company’s stock worth $321,000 after buying an additional 220 shares during the period. Steinberganna Wealth Management grew its position in JPMorgan Income ETF by 1.8% in the fourth quarter. Steinberganna Wealth Management now owns 13,806 shares of the company’s stock valued at $639,000 after acquiring an additional 246 shares during the period. Fagan Associates Inc. grew its position in JPMorgan Income ETF by 3.3% in the fourth quarter. Fagan Associates Inc. now owns 7,775 shares of the company’s stock valued at $360,000 after acquiring an additional 250 shares during the period. Summit Wealth Partners LLC raised its stake in JPMorgan Income ETF by 3.9% during the fourth quarter. Summit Wealth Partners LLC now owns 7,012 shares of the company’s stock worth $325,000 after acquiring an additional 260 shares in the last quarter. Finally, Mayfair Advisory Group LLC raised its stake in JPMorgan Income ETF by 3.1% during the fourth quarter. Mayfair Advisory Group LLC now owns 10,006 shares of the company’s stock worth $463,000 after acquiring an additional 300 shares in the last quarter.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA JPIE opened at $45.76 on Friday. JPMorgan Income ETF has a 52-week low of $45.73 and a 52-week high of $46.61. The business has a fifty day moving average of $45.93 and a two-hundred day moving average of $46.13.

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.