Narus Financial Partners LLC Purchases 12,446 Shares of JPMorgan Income ETF $JPIE

Narus Financial Partners LLC increased its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 22.6% in the 1st quarter, HoldingsChannel reports. The fund owned 67,573 shares of the company’s stock after acquiring an additional 12,446 shares during the period. JPMorgan Income ETF makes up about 0.8% of Narus Financial Partners LLC’s portfolio, making the stock its 15th largest holding. Narus Financial Partners LLC’s holdings in JPMorgan Income ETF were worth $3,113,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of JPIE. Morgan Stanley boosted its stake in JPMorgan Income ETF by 25.8% in the fourth quarter. Morgan Stanley now owns 6,790,024 shares of the company’s stock valued at $314,310,000 after acquiring an additional 1,393,857 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of JPMorgan Income ETF by 45.9% during the fourth quarter. Wells Fargo & Company MN now owns 3,759,117 shares of the company’s stock worth $174,009,000 after purchasing an additional 1,181,828 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of JPMorgan Income ETF by 1,680.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,131,981 shares of the company’s stock valued at $52,399,000 after purchasing an additional 1,068,410 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of JPMorgan Income ETF by 21.3% during the 4th quarter. Sequoia Financial Advisors LLC now owns 5,592,163 shares of the company’s stock valued at $258,861,000 after purchasing an additional 982,593 shares during the last quarter. Finally, Williams Financial LLC boosted its position in shares of JPMorgan Income ETF by 131.0% in the 4th quarter. Williams Financial LLC now owns 1,053,702 shares of the company’s stock worth $48,776,000 after purchasing an additional 597,595 shares in the last quarter.

JPMorgan Income ETF Stock Up 0.0%

Shares of NYSEARCA:JPIE opened at $46.07 on Friday. The business’s 50-day moving average is $46.02 and its 200 day moving average is $46.19. JPMorgan Income ETF has a 1 year low of $45.77 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.