Greenwich Wealth Management LLC Raises Stock Position in JPMorgan Income ETF $JPIE

Greenwich Wealth Management LLC increased its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 23.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 349,395 shares of the company’s stock after acquiring an additional 67,368 shares during the quarter. JPMorgan Income ETF makes up about 0.7% of Greenwich Wealth Management LLC’s portfolio, making the stock its 28th biggest holding. Greenwich Wealth Management LLC owned 0.21% of JPMorgan Income ETF worth $16,173,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JPIE. Huntington National Bank purchased a new stake in JPMorgan Income ETF in the 4th quarter worth $26,000. Imprint Wealth LLC purchased a new stake in JPMorgan Income ETF in the 3rd quarter worth $33,000. Central Pacific Bank Trust Division purchased a new stake in JPMorgan Income ETF in the 4th quarter worth $35,000. MidAtlantic Capital Management Inc. purchased a new stake in JPMorgan Income ETF in the 4th quarter worth $35,000. Finally, Wilmington Savings Fund Society FSB increased its holdings in JPMorgan Income ETF by 95.1% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 880 shares of the company’s stock worth $41,000 after acquiring an additional 429 shares in the last quarter.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA JPIE opened at $45.96 on Wednesday. The firm has a fifty day moving average of $46.03 and a 200 day moving average of $46.24. JPMorgan Income ETF has a one year low of $45.76 and a one 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.