Next Level Wealth Planning LLC Takes Position in JPMorgan Income ETF $JPIE

Next Level Wealth Planning LLC acquired a new position in JPMorgan Income ETF (NYSEARCA:JPIE) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,742 shares of the company’s stock, valued at approximately $220,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. raised its position in shares of JPMorgan Income ETF by 150.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 871,971 shares of the company’s stock worth $40,172,000 after buying an additional 524,416 shares in the last quarter. Williams Financial LLC bought a new stake in JPMorgan Income ETF during the first quarter worth approximately $18,353,000. Sequoia Financial Advisors LLC lifted its position in JPMorgan Income ETF by 21.2% in the first quarter. Sequoia Financial Advisors LLC now owns 2,159,182 shares of the company’s stock worth $99,474,000 after purchasing an additional 377,406 shares during the period. Obsidian Personal Planning Solutions LLC bought a new position in JPMorgan Income ETF during the 1st quarter valued at $12,841,000. Finally, Cary Street Partners Financial LLC increased its position in shares of JPMorgan Income ETF by 43.1% during the 1st quarter. Cary Street Partners Financial LLC now owns 890,293 shares of the company’s stock valued at $41,016,000 after purchasing an additional 268,092 shares during the period.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA JPIE opened at $46.27 on Monday. JPMorgan Income ETF has a twelve month low of $45.01 and a twelve month high of $46.57. The firm has a 50-day moving average of $46.37 and a two-hundred day moving average of $46.05.

About JPMorgan Income ETF

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.