Tradition Wealth Management LLC Buys 30,720 Shares of JPMorgan Income ETF $JPIE

Tradition Wealth Management LLC lifted its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 11.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 295,311 shares of the company’s stock after buying an additional 30,720 shares during the quarter. JPMorgan Income ETF comprises 1.0% of Tradition Wealth Management LLC’s portfolio, making the stock its 29th largest position. Tradition Wealth Management LLC owned approximately 0.18% of JPMorgan Income ETF worth $13,670,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of JPIE. Sequoia Financial Advisors LLC increased its position in shares of JPMorgan Income ETF by 21.3% during the fourth quarter. Sequoia Financial Advisors LLC now owns 5,592,163 shares of the company’s stock valued at $258,861,000 after buying an additional 982,593 shares during the period. Envestnet Asset Management Inc. increased its position in shares of JPMorgan Income ETF by 52.5% during the third quarter. Envestnet Asset Management Inc. now owns 2,438,090 shares of the company’s stock valued at $113,152,000 after buying an additional 839,269 shares during the period. Williams Financial LLC increased its position in shares of JPMorgan Income ETF by 131.0% during the fourth quarter. Williams Financial LLC now owns 1,053,702 shares of the company’s stock valued at $48,776,000 after buying an additional 597,595 shares during the period. JPMorgan Chase & Co. increased its position in shares of JPMorgan Income ETF by 8.4% during the third quarter. JPMorgan Chase & Co. now owns 7,429,426 shares of the company’s stock valued at $344,800,000 after buying an additional 578,800 shares during the period. Finally, Heritage Financial Services LLC increased its position in shares of JPMorgan Income ETF by 23.6% during the fourth quarter. Heritage Financial Services LLC now owns 2,848,628 shares of the company’s stock valued at $131,863,000 after buying an additional 543,246 shares during the period.

JPMorgan Income ETF Trading Down 0.2%

Shares of NYSEARCA JPIE opened at $45.85 on Friday. JPMorgan Income ETF has a 1 year low of $45.76 and a 1 year high of $46.61. The company’s 50-day moving average is $46.03 and its 200 day moving average is $46.23.

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