Hopwood Nicholas Hunter Makes New $4.31 Million Investment in JPMorgan Income ETF $JPIE

Hopwood Nicholas Hunter bought a new stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 93,644 shares of the company’s stock, valued at approximately $4,312,000. JPMorgan Income ETF accounts for approximately 1.2% of Hopwood Nicholas Hunter’s investment portfolio, making the stock its 25th largest holding.

Several other hedge funds also recently modified their holdings of the business. Harbour Investments Inc. increased its holdings in JPMorgan Income ETF by 25.6% in the fourth quarter. Harbour Investments Inc. now owns 95,025 shares of the company’s stock valued at $4,399,000 after purchasing an additional 19,345 shares during the last quarter. Cornerstone Financial Management LLC acquired a new position in JPMorgan Income ETF in the fourth quarter valued at about $1,524,000. Founders Financial Securities LLC boosted its holdings in JPMorgan Income ETF by 9.8% during the first quarter. Founders Financial Securities LLC now owns 189,908 shares of the company’s stock worth $8,753,000 after buying an additional 16,893 shares during the last quarter. BankPlus Wealth Management LLC boosted its holdings in JPMorgan Income ETF by 7.7% during the fourth quarter. BankPlus Wealth Management LLC now owns 178,646 shares of the company’s stock worth $8,270,000 after buying an additional 12,701 shares during the last quarter. Finally, Kingsview Wealth Management LLC increased its stake in shares of JPMorgan Income ETF by 16.9% in the 4th quarter. Kingsview Wealth Management LLC now owns 117,613 shares of the company’s stock valued at $5,444,000 after acquiring an additional 16,992 shares during the last quarter.

JPMorgan Income ETF Price Performance

JPMorgan Income ETF stock opened at $45.62 on Friday. The company’s 50 day simple moving average is $45.84 and its 200 day simple moving average is $46.00. JPMorgan Income ETF has a fifty-two week low of $45.54 and a fifty-two week high of $46.61.

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.