Raymond James Financial Inc. purchased a new stake in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 456,463 shares of the company’s stock, valued at approximately $20,824,000.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. JPMorgan Chase & Co. increased its position in shares of JPMorgan Income ETF by 142.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,929,890 shares of the company’s stock valued at $228,698,000 after purchasing an additional 2,894,852 shares during the last quarter. Savant Capital LLC increased its position in shares of JPMorgan Income ETF by 39.2% during the 4th quarter. Savant Capital LLC now owns 1,921,630 shares of the company’s stock valued at $87,665,000 after purchasing an additional 540,676 shares during the last quarter. Lineweaver Wealth Advisors LLC purchased a new stake in shares of JPMorgan Income ETF during the 4th quarter valued at $14,195,000. Planned Solutions Inc. increased its position in shares of JPMorgan Income ETF by 47.5% during the 4th quarter. Planned Solutions Inc. now owns 461,898 shares of the company’s stock valued at $21,072,000 after purchasing an additional 148,726 shares during the last quarter. Finally, BankPlus Wealth Management LLC purchased a new stake in shares of JPMorgan Income ETF during the 4th quarter valued at $6,355,000.
JPMorgan Income ETF Price Performance
Shares of JPMorgan Income ETF stock opened at $45.93 on Monday. JPMorgan Income ETF has a 1 year low of $44.80 and a 1 year high of $46.43. The stock has a fifty day moving average price of $45.86 and a 200-day moving average price of $45.91.
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.
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