Montecito Bank & Trust acquired a new stake in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 59,513 shares of the company’s stock, valued at approximately $2,762,000. Montecito Bank & Trust owned 0.05% of JPMorgan Income ETF as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of JPIE. Parkworth Wealth Management Inc. bought a new stake in shares of JPMorgan Income ETF in the 2nd quarter worth approximately $29,000. Total Investment Management Inc. acquired a new stake in shares of JPMorgan Income ETF during the 2nd quarter valued at $37,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of JPMorgan Income ETF in the 2nd quarter worth $62,000. Newbridge Financial Services Group Inc. raised its position in shares of JPMorgan Income ETF by 43.9% during the second quarter. Newbridge Financial Services Group Inc. now owns 1,482 shares of the company’s stock worth $69,000 after purchasing an additional 452 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of JPMorgan Income ETF by 26.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock valued at $76,000 after purchasing an additional 343 shares during the last quarter.
JPMorgan Income ETF Price Performance
Shares of JPIE opened at $46.40 on Thursday. The business’s 50-day moving average price is $46.32 and its 200 day moving average price is $46.26. JPMorgan Income ETF has a 1-year low of $45.01 and a 1-year high of $46.57.
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.
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