542,367 Shares in JPMorgan Income ETF $JPIE Acquired by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC acquired a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) during the first quarter, Holdings Channel.com reports. The fund acquired 542,367 shares of the company’s stock, valued at approximately $24,987,000. JPMorgan Income ETF comprises about 1.3% of Resonant Capital Advisors LLC’s holdings, making the stock its 19th biggest holding.

Other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp acquired a new stake in shares of JPMorgan Income ETF in the 1st quarter valued at $555,000. EverSource Wealth Advisors LLC lifted its position in shares of JPMorgan Income ETF by 26.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $76,000 after buying an additional 343 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of JPMorgan Income ETF by 13.9% during the 2nd quarter. NewEdge Advisors LLC now owns 149,989 shares of the company’s stock worth $6,948,000 after buying an additional 18,298 shares during the last quarter. Raymond James Financial Inc. boosted its stake in JPMorgan Income ETF by 21.1% in the second quarter. Raymond James Financial Inc. now owns 710,909 shares of the company’s stock valued at $32,929,000 after buying an additional 123,935 shares in the last quarter. Finally, Vienna Asset Management LLC boosted its stake in JPMorgan Income ETF by 21.8% in the second quarter. Vienna Asset Management LLC now owns 43,197 shares of the company’s stock valued at $2,001,000 after buying an additional 7,735 shares in the last quarter.

JPMorgan Income ETF Stock Performance

JPMorgan Income ETF stock traded down $0.02 during midday trading on Tuesday, reaching $45.90. The company’s stock had a trading volume of 447,949 shares, compared to its average volume of 1,431,452. JPMorgan Income ETF has a 52 week low of $45.77 and a 52 week high of $46.61. The business has a 50-day moving average price of $45.98 and a 200-day moving average price of $46.18.

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.