RFG Advisory LLC Buys 10,958 Shares of JPMorgan Income ETF $JPIE

RFG Advisory LLC increased its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 15.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 80,744 shares of the company’s stock after purchasing an additional 10,958 shares during the quarter. RFG Advisory LLC’s holdings in JPMorgan Income ETF were worth $3,738,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Jones Financial Companies Lllp bought a new position in JPMorgan Income ETF in the 1st quarter worth about $555,000. EverSource Wealth Advisors LLC increased its position in shares of JPMorgan Income ETF by 26.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock valued at $76,000 after buying an additional 343 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of JPMorgan Income ETF by 13.9% in the second quarter. NewEdge Advisors LLC now owns 149,989 shares of the company’s stock worth $6,948,000 after buying an additional 18,298 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of JPMorgan Income ETF by 21.1% in the second quarter. Raymond James Financial Inc. now owns 710,909 shares of the company’s stock worth $32,929,000 after buying an additional 123,935 shares in the last quarter. Finally, Vienna Asset Management LLC boosted its position in shares of JPMorgan Income ETF by 21.8% in the second 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 Stock Up 0.2%

Shares of NYSEARCA:JPIE opened at $46.06 on Thursday. The company has a 50 day moving average of $46.13 and a 200 day moving average of $46.29. JPMorgan Income ETF has a 12 month low of $45.68 and a 12 month high of $46.61.

JPMorgan Income ETF Company 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.