S Harris Financial Group LLC Buys New Position in JPMorgan Income ETF $JPIE

S Harris Financial Group LLC purchased a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 192,336 shares of the company’s stock, valued at approximately $8,903,000. JPMorgan Income ETF comprises approximately 8.5% of S Harris Financial Group LLC’s portfolio, making the stock its 3rd biggest position. S Harris Financial Group LLC owned 0.12% of JPMorgan Income ETF as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. NCM Capital Management LLC lifted its position in shares of JPMorgan Income ETF by 145.9% during the 4th quarter. NCM Capital Management LLC now owns 15,000 shares of the company’s stock valued at $694,000 after acquiring an additional 8,900 shares during the last quarter. Nolet Wealth Management LLC acquired a new position in shares of JPMorgan Income ETF in the 4th quarter worth $1,909,000. Larch Capital Partners LLC acquired a new position in shares of JPMorgan Income ETF in the 4th quarter worth $6,548,000. Cambient Family Office LLC acquired a new stake in shares of JPMorgan Income ETF during the fourth quarter worth $151,000. Finally, Axxcess Wealth Management LLC raised its position in shares of JPMorgan Income ETF by 96.4% during the fourth quarter. Axxcess Wealth Management LLC now owns 170,086 shares of the company’s stock worth $7,873,000 after purchasing an additional 83,484 shares during the period.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA JPIE opened at $45.95 on Friday. JPMorgan Income ETF has a 12 month low of $45.77 and a 12 month high of $46.61. The business has a fifty day simple moving average of $46.03 and a 200-day simple moving average of $46.20.

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.