Vicus Capital Makes New Investment in JPMorgan Income ETF $JPIE

Vicus Capital bought a new position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 71,876 shares of the company’s stock, valued at approximately $3,336,000.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in JPMorgan Income ETF by 35.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 6,850,626 shares of the company’s stock worth $317,321,000 after buying an additional 1,783,134 shares during the period. Hilton Capital Management LLC bought a new position in JPMorgan Income ETF in the 2nd quarter worth about $44,037,000. Envestnet Asset Management Inc. increased its position in shares of JPMorgan Income ETF by 83.4% during the second quarter. Envestnet Asset Management Inc. now owns 1,598,821 shares of the company’s stock worth $74,057,000 after acquiring an additional 726,850 shares during the period. Savant Capital LLC increased its position in shares of JPMorgan Income ETF by 28.5% during the second quarter. Savant Capital LLC now owns 3,210,220 shares of the company’s stock worth $148,697,000 after acquiring an additional 712,653 shares during the period. Finally, Sequoia Financial Advisors LLC raised its stake in shares of JPMorgan Income ETF by 24.8% during the second quarter. Sequoia Financial Advisors LLC now owns 2,695,517 shares of the company’s stock valued at $124,856,000 after acquiring an additional 536,335 shares in the last quarter.

JPMorgan Income ETF Trading Down 0.1%

Shares of NYSEARCA JPIE opened at $46.34 on Monday. JPMorgan Income ETF has a 52-week low of $45.01 and a 52-week high of $46.57. The stock has a 50 day moving average price of $46.33 and a 200 day moving average price of $46.31.

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.