JPMorgan Income ETF $JPIE is NavPoint Financial Inc.’s 2nd Largest Position

NavPoint Financial Inc. lifted its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 23.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 365,541 shares of the company’s stock after buying an additional 68,349 shares during the quarter. JPMorgan Income ETF comprises 8.9% of NavPoint Financial Inc.’s investment portfolio, making the stock its 2nd biggest position. NavPoint Financial Inc. owned about 0.31% of JPMorgan Income ETF worth $16,965,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. HighTower Advisors LLC raised its holdings in JPMorgan Income ETF by 13.7% during the 1st quarter. HighTower Advisors LLC now owns 14,441 shares of the company’s stock valued at $665,000 after acquiring an additional 1,737 shares during the period. Raymond James Financial Inc. grew its position in shares of JPMorgan Income ETF by 28.6% in the first quarter. Raymond James Financial Inc. now owns 586,974 shares of the company’s stock valued at $27,042,000 after purchasing an additional 130,511 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in shares of JPMorgan Income ETF during the 1st quarter valued at $379,000. Kestra Advisory Services LLC lifted its holdings in JPMorgan Income ETF by 14.0% during the 1st quarter. Kestra Advisory Services LLC now owns 39,870 shares of the company’s stock worth $1,837,000 after purchasing an additional 4,896 shares in the last quarter. Finally, Van Hulzen Asset Management LLC grew its position in shares of JPMorgan Income ETF by 46.0% in the 1st quarter. Van Hulzen Asset Management LLC now owns 5,684 shares of the company’s stock worth $262,000 after buying an additional 1,790 shares during the period.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA JPIE opened at $46.44 on Friday. JPMorgan Income ETF has a 1 year low of $45.01 and a 1 year high of $46.57. The firm has a 50-day moving average of $46.32 and a 200 day moving average of $46.26.

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.