519,605 Shares in JPMorgan Income ETF $JPIE Bought by True North Advisors LLC

True North Advisors LLC bought a new position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 519,605 shares of the company’s stock, valued at approximately $23,938,000. JPMorgan Income ETF comprises 2.7% of True North Advisors LLC’s portfolio, making the stock its 8th largest position. True North Advisors LLC owned 0.27% of JPMorgan Income ETF at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. World Equity Group Inc. bought a new position in shares of JPMorgan Income ETF in the first quarter worth about $247,000. D.A. Davidson & CO. boosted its stake in JPMorgan Income ETF by 8.1% during the 1st quarter. D.A. Davidson & CO. now owns 551,927 shares of the company’s stock valued at $25,427,000 after purchasing an additional 41,504 shares during the period. Nolet Wealth Management LLC boosted its stake in JPMorgan Income ETF by 10.1% during the 1st quarter. Nolet Wealth Management LLC now owns 45,384 shares of the company’s stock valued at $2,091,000 after purchasing an additional 4,145 shares during the period. Ethos Financial Group LLC grew its holdings in JPMorgan Income ETF by 32.1% in the 1st quarter. Ethos Financial Group LLC now owns 114,717 shares of the company’s stock valued at $5,285,000 after buying an additional 27,879 shares during the last quarter. Finally, Sanctuary Advisors LLC grew its holdings in JPMorgan Income ETF by 6.0% in the 1st quarter. Sanctuary Advisors LLC now owns 43,360 shares of the company’s stock valued at $1,998,000 after buying an additional 2,438 shares during the last quarter.

JPMorgan Income ETF Stock Down 0.0%

Shares of NYSEARCA JPIE opened at $45.92 on Friday. The business’s 50 day moving average is $45.94 and its two-hundred day moving average is $46.14. JPMorgan Income ETF has a 12 month low of $45.77 and a 12 month 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.