JPMorgan Income ETF $JPIE Holdings Lifted by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC boosted its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 11.7% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,131,321 shares of the company’s stock after purchasing an additional 747,797 shares during the period. JPMorgan Income ETF comprises approximately 1.6% of Sequoia Financial Advisors LLC’s holdings, making the stock its 11th largest position. Sequoia Financial Advisors LLC’s holdings in JPMorgan Income ETF were worth $328,397,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Van Hulzen Asset Management LLC grew its stake in shares of JPMorgan Income ETF by 7.2% in the 2nd quarter. Van Hulzen Asset Management LLC now owns 12,071 shares of the company’s stock valued at $556,000 after buying an additional 810 shares in the last quarter. Capital Analysts LLC raised its position in JPMorgan Income ETF by 64.2% during the second quarter. Capital Analysts LLC now owns 45,494 shares of the company’s stock valued at $2,095,000 after acquiring an additional 17,786 shares in the last quarter. NorthRock Partners LLC lifted its stake in JPMorgan Income ETF by 55.4% in the second quarter. NorthRock Partners LLC now owns 23,596 shares of the company’s stock valued at $1,087,000 after acquiring an additional 8,416 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in JPMorgan Income ETF by 5.8% in the second quarter. Integrated Wealth Concepts LLC now owns 379,614 shares of the company’s stock worth $17,481,000 after acquiring an additional 20,858 shares in the last quarter. Finally, XY Planning Network Inc. grew its position in JPMorgan Income ETF by 44.2% in the second quarter. XY Planning Network Inc. now owns 7,962 shares of the company’s stock worth $367,000 after acquiring an additional 2,439 shares in the last quarter.

JPMorgan Income ETF Stock Performance

JPMorgan Income ETF stock opened at $45.56 on Thursday. JPMorgan Income ETF has a 1-year low of $45.54 and a 1-year high of $46.61. The firm’s fifty day simple moving average is $45.82 and its 200-day simple moving average is $45.98.

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.