Safeguard Investment Advisory Group LLC Invests $668,000 in JPMorgan Income ETF $JPIE

Safeguard Investment Advisory Group LLC bought a new stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,507 shares of the company’s stock, valued at approximately $668,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Williams Financial LLC grew its position in JPMorgan Income ETF by 6.6% in the second quarter. Williams Financial LLC now owns 1,120,305 shares of the company’s stock worth $51,590,000 after buying an additional 69,238 shares during the last quarter. InTrack Investment Management Inc lifted its position in shares of JPMorgan Income ETF by 66.7% during the 2nd quarter. InTrack Investment Management Inc now owns 70,941 shares of the company’s stock valued at $3,267,000 after acquiring an additional 28,378 shares during the last quarter. Coppell Advisory Solutions LLC acquired a new stake in shares of JPMorgan Income ETF during the 2nd quarter valued at $592,000. Rehmann Capital Advisory Group bought a new stake in shares of JPMorgan Income ETF during the 2nd quarter worth $1,250,000. Finally, Trust Co. of Vermont bought a new stake in shares of JPMorgan Income ETF during the 2nd quarter worth $95,000.

JPMorgan Income ETF Stock Performance

Shares of NYSEARCA JPIE opened at $45.60 on Thursday. The stock’s fifty day simple moving average is $45.86 and its 200 day simple moving average is $46.01. JPMorgan Income ETF has a 52-week low of $45.54 and a 52-week high of $46.61.

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. JPIE was launched on Oct 28, 2021 and is managed by JPMorgan Chase.