Founders Financial Securities LLC Increases Holdings in JPMorgan Income ETF $JPIE

Founders Financial Securities LLC increased its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 11.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 173,015 shares of the company’s stock after buying an additional 17,116 shares during the period. Founders Financial Securities LLC owned 0.10% of JPMorgan Income ETF worth $8,009,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in JPIE. Sequoia Financial Advisors LLC lifted its position in shares of JPMorgan Income ETF by 21.3% in the fourth quarter. Sequoia Financial Advisors LLC now owns 5,592,163 shares of the company’s stock worth $258,861,000 after buying an additional 982,593 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of JPMorgan Income ETF by 52.5% in the third quarter. Envestnet Asset Management Inc. now owns 2,438,090 shares of the company’s stock worth $113,152,000 after buying an additional 839,269 shares in the last quarter. Williams Financial LLC lifted its position in shares of JPMorgan Income ETF by 131.0% in the fourth quarter. Williams Financial LLC now owns 1,053,702 shares of the company’s stock worth $48,776,000 after buying an additional 597,595 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Income ETF by 8.4% in the third quarter. JPMorgan Chase & Co. now owns 7,429,426 shares of the company’s stock worth $344,800,000 after buying an additional 578,800 shares in the last quarter. Finally, Heritage Financial Services LLC lifted its position in shares of JPMorgan Income ETF by 23.6% in the fourth quarter. Heritage Financial Services LLC now owns 2,848,628 shares of the company’s stock worth $131,863,000 after buying an additional 543,246 shares in the last quarter.

JPMorgan Income ETF Trading Up 0.1%

NYSEARCA:JPIE opened at $46.16 on Friday. JPMorgan Income ETF has a 12 month low of $45.76 and a 12 month high of $46.61. The business’s 50-day moving average is $46.03 and its 200 day moving average is $46.24.

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.