Whitener Capital Management Inc. Acquires 25,810 Shares of JPMorgan Income ETF $JPIE

Whitener Capital Management Inc. increased its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 383.4% in the 2nd quarter, HoldingsChannel reports. The fund owned 32,541 shares of the company’s stock after acquiring an additional 25,810 shares during the period. Whitener Capital Management Inc.’s holdings in JPMorgan Income ETF were worth $1,499,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in JPIE. Huntington National Bank purchased a new stake in JPMorgan Income ETF during the fourth quarter valued at approximately $26,000. Rice Partnership LLC purchased a new position in shares of JPMorgan Income ETF in the 1st quarter worth approximately $30,000. Imprint Wealth LLC purchased a new position in shares of JPMorgan Income ETF in the 3rd quarter worth approximately $33,000. Torren Management LLC bought a new position in shares of JPMorgan Income ETF during the 1st quarter valued at approximately $34,000. Finally, MidAtlantic Capital Management Inc. bought a new position in shares of JPMorgan Income ETF during the 4th quarter valued at approximately $35,000.

JPMorgan Income ETF Stock Performance

NYSEARCA:JPIE opened at $45.80 on Wednesday. The stock’s fifty day moving average is $45.89 and its 200 day moving average is $46.08. JPMorgan Income ETF has a fifty-two week low of $45.65 and a fifty-two week 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.