Future Financial Wealth Managment LLC Invests $2.87 Million in JPMorgan Income ETF $JPIE

Future Financial Wealth Managment LLC bought a new position in JPMorgan Income ETF (NYSEARCA:JPIE) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 62,008 shares of the company’s stock, valued at approximately $2,872,000. JPMorgan Income ETF accounts for about 2.0% of Future Financial Wealth Managment LLC’s investment portfolio, making the stock its 11th largest holding. Future Financial Wealth Managment LLC owned about 0.07% of JPMorgan Income ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of JPIE. Centricity Wealth Management LLC increased its stake in JPMorgan Income ETF by 245.4% in the 1st quarter. Centricity Wealth Management LLC now owns 753 shares of the company’s stock worth $35,000 after buying an additional 535 shares during the period. LRI Investments LLC purchased a new position in JPMorgan Income ETF in the 1st quarter worth about $39,000. Whittier Trust Co. of Nevada Inc. increased its stake in JPMorgan Income ETF by 58.5% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,460 shares of the company’s stock worth $67,000 after buying an additional 539 shares during the period. Iron Horse Wealth Management LLC increased its position in shares of JPMorgan Income ETF by 60.0% during the first quarter. Iron Horse Wealth Management LLC now owns 1,600 shares of the company’s stock worth $74,000 after acquiring an additional 600 shares during the period. Finally, Bartlett & CO. Wealth Management LLC purchased a new position in shares of JPMorgan Income ETF during the second quarter worth approximately $121,000.

JPMorgan Income ETF Stock Up 0.0%

Shares of NYSEARCA:JPIE opened at $46.27 on Friday. The firm’s 50 day simple moving average is $46.37 and its 200-day simple moving average is $46.05. JPMorgan Income ETF has a one year low of $45.01 and a one year high of $46.57.

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.