Commonwealth Equity Services LLC Acquires New Holdings in JPMorgan Income ETF $JPIE

Commonwealth Equity Services LLC purchased a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 374,515 shares of the company’s stock, valued at approximately $16,812,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Ascent Group LLC increased its position in JPMorgan Income ETF by 15.6% in the 3rd quarter. Ascent Group LLC now owns 9,964 shares of the company’s stock valued at $447,000 after acquiring an additional 1,344 shares during the period. Southern Financial Group LLC boosted its position in shares of JPMorgan Income ETF by 11.4% during the 3rd quarter. Southern Financial Group LLC now owns 1,571,276 shares of the company’s stock valued at $70,535,000 after purchasing an additional 160,822 shares in the last quarter. Next Level Wealth Planning LLC boosted its holdings in shares of JPMorgan Income ETF by 24.6% during the 3rd quarter. Next Level Wealth Planning LLC now owns 12,983 shares of the company’s stock worth $583,000 after buying an additional 2,563 shares in the last quarter. Signature Equity Partners LLC increased its stake in shares of JPMorgan Income ETF by 5,362.4% in the 3rd quarter. Signature Equity Partners LLC now owns 34,413 shares of the company’s stock valued at $1,545,000 after acquiring an additional 33,783 shares in the last quarter. Finally, Certified Advisory Corp increased its stake in JPMorgan Income ETF by 3.1% in the third quarter. Certified Advisory Corp now owns 533,801 shares of the company’s stock valued at $23,962,000 after purchasing an additional 15,839 shares in the last quarter.

JPMorgan Income ETF Stock Performance

Shares of JPIE opened at $45.04 on Wednesday. JPMorgan Income ETF has a one year low of $44.58 and a one year high of $46.61. The stock has a 50-day moving average of $45.11 and a 200-day moving average of $45.82.

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.