Apella Capital LLC Makes New $23.51 Million Investment in JPMorgan Income ETF $JPIE

Apella Capital LLC purchased a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 524,647 shares of the company’s stock, valued at approximately $23,509,000.

A number of other large investors have also recently bought and sold shares of the business. Rice Partnership LLC acquired a new stake in shares of JPMorgan Income ETF during the first quarter worth about $30,000. Torren Management LLC acquired a new position in JPMorgan Income ETF in the 1st quarter valued at about $34,000. GHP Investment Advisors Inc. raised its stake in JPMorgan Income ETF by 102.0% during the 1st quarter. GHP Investment Advisors Inc. now owns 1,010 shares of the company’s stock valued at $47,000 after acquiring an additional 510 shares during the last quarter. Portfolio Resources Advisor Group Inc. purchased a new stake in JPMorgan Income ETF during the 4th quarter valued at approximately $81,000. Finally, RMG Wealth Management LLC acquired a new stake in JPMorgan Income ETF during the 1st quarter worth approximately $93,000.

JPMorgan Income ETF Trading Up 0.1%

Shares of JPIE stock traded up $0.03 during midday trading on Thursday, hitting $44.84. The company had a trading volume of 926,043 shares, compared to its average volume of 1,508,624. The company’s 50 day simple moving average is $45.51 and its 200 day simple moving average is $45.81. JPMorgan Income ETF has a 52-week low of $44.58 and a 52-week 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.