Clear Trail Advisors LLC Makes New $13.72 Million Investment in JPMorgan Income ETF $JPIE

Clear Trail Advisors LLC bought a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 297,772 shares of the company’s stock, valued at approximately $13,718,000. JPMorgan Income ETF accounts for about 2.3% of Clear Trail Advisors LLC’s portfolio, making the stock its 17th biggest position. Clear Trail Advisors LLC owned about 0.16% of JPMorgan Income ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Chesley Taft & Associates LLC lifted its stake in JPMorgan Income ETF by 26.7% in the fourth quarter. Chesley Taft & Associates LLC now owns 79,920 shares of the company’s stock worth $3,699,000 after purchasing an additional 16,848 shares during the last quarter. EPG Wealth Management LLC grew its stake in shares of JPMorgan Income ETF by 10.1% during the fourth quarter. EPG Wealth Management LLC now owns 126,586 shares of the company’s stock valued at $5,860,000 after buying an additional 11,577 shares during the last quarter. Obsidian Personal Planning Solutions LLC grew its stake in shares of JPMorgan Income ETF by 3.8% during the third quarter. Obsidian Personal Planning Solutions LLC now owns 298,749 shares of the company’s stock valued at $13,865,000 after buying an additional 10,962 shares during the last quarter. Choreo LLC grew its stake in shares of JPMorgan Income ETF by 2,878.1% during the fourth quarter. Choreo LLC now owns 164,988 shares of the company’s stock valued at $7,675,000 after buying an additional 159,448 shares during the last quarter. Finally, Pennsylvania Capital Management Inc. ADV raised its holdings in shares of JPMorgan Income ETF by 4.4% in the fourth quarter. Pennsylvania Capital Management Inc. ADV now owns 453,100 shares of the company’s stock worth $20,974,000 after buying an additional 19,208 shares during the period.

JPMorgan Income ETF Trading Down 0.1%

Shares of NYSEARCA JPIE opened at $45.92 on Tuesday. JPMorgan Income ETF has a fifty-two week low of $45.77 and a fifty-two week high of $46.61. The business’s 50 day moving average price is $46.03 and its 200-day moving average price is $46.20.

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.