Birchwood Financial Partners Inc. Buys New Holdings in JPMorgan Income ETF $JPIE

Birchwood Financial Partners Inc. purchased a new position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 16,553 shares of the company’s stock, valued at approximately $766,000. JPMorgan Income ETF accounts for approximately 0.8% of Birchwood Financial Partners Inc.’s investment portfolio, making the stock its 28th largest position.

Other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp acquired a new stake in shares of JPMorgan Income ETF in the first quarter valued at approximately $555,000. EverSource Wealth Advisors LLC increased its holdings in shares of JPMorgan Income ETF by 26.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $76,000 after acquiring an additional 343 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of JPMorgan Income ETF by 13.9% during the 2nd quarter. NewEdge Advisors LLC now owns 149,989 shares of the company’s stock worth $6,948,000 after acquiring an additional 18,298 shares during the last quarter. Raymond James Financial Inc. raised its stake in JPMorgan Income ETF by 21.1% in the 2nd quarter. Raymond James Financial Inc. now owns 710,909 shares of the company’s stock valued at $32,929,000 after acquiring an additional 123,935 shares during the period. Finally, Vienna Asset Management LLC raised its stake in JPMorgan Income ETF by 21.8% in the 2nd quarter. Vienna Asset Management LLC now owns 43,197 shares of the company’s stock valued at $2,001,000 after acquiring an additional 7,735 shares during the period.

JPMorgan Income ETF Price Performance

Shares of JPMorgan Income ETF stock opened at $45.95 on Friday. The business has a fifty day simple moving average of $46.03 and a two-hundred day simple moving average of $46.20. JPMorgan Income ETF has a 1 year low of $45.77 and a 1 year 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.