JPMorgan Income ETF $JPIE Stock Acquired by Williams Financial LLC

Williams Financial LLC grew its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 3.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,158,490 shares of the company’s stock after acquiring an additional 38,185 shares during the quarter. JPMorgan Income ETF comprises 26.5% of Williams Financial LLC’s holdings, making the stock its largest position. Williams Financial LLC owned 0.46% of JPMorgan Income ETF worth $52,005,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in JPIE. Arkadios Wealth Advisors grew its holdings in shares of JPMorgan Income ETF by 301.2% during the first quarter. Arkadios Wealth Advisors now owns 1,203,036 shares of the company’s stock worth $55,424,000 after buying an additional 903,176 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in JPMorgan Income ETF by 14.2% during the 1st quarter. Sequoia Financial Advisors LLC now owns 6,383,524 shares of the company’s stock valued at $294,089,000 after acquiring an additional 791,361 shares in the last quarter. Leverty Financial Group LLC raised its holdings in JPMorgan Income ETF by 335.8% in the 3rd quarter. Leverty Financial Group LLC now owns 977,616 shares of the company’s stock valued at $43,885,000 after acquiring an additional 753,292 shares during the last quarter. Resonant Capital Advisors LLC acquired a new stake in JPMorgan Income ETF in the 1st quarter valued at about $24,987,000. Finally, Apella Capital LLC purchased a new position in JPMorgan Income ETF in the 3rd quarter worth approximately $23,509,000.

JPMorgan Income ETF Stock Performance

Shares of JPMorgan Income ETF stock opened at $44.91 on Tuesday. The stock’s 50 day simple moving average is $45.36 and its 200-day simple moving average is $45.75. JPMorgan Income ETF has a 1-year low of $44.58 and a 1-year high of $46.61.

JPMorgan Income ETF 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.