JPMorgan Income ETF $JPIE Stock Position Boosted by Southern Financial Group LLC

Southern Financial Group LLC grew its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 11.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,571,276 shares of the company’s stock after purchasing an additional 160,822 shares during the quarter. JPMorgan Income ETF makes up about 19.3% of Southern Financial Group LLC’s investment portfolio, making the stock its largest position. Southern Financial Group LLC owned 0.62% of JPMorgan Income ETF worth $70,535,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of JPIE. IFP Advisors Inc raised its stake in shares of JPMorgan Income ETF by 254.7% during the third quarter. IFP Advisors Inc now owns 46,720 shares of the company’s stock worth $2,097,000 after acquiring an additional 33,549 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of JPMorgan Income ETF by 11.7% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 7,131,321 shares of the company’s stock worth $328,397,000 after acquiring an additional 747,797 shares during the last quarter. Kintra Wealth LLC boosted its stake in shares of JPMorgan Income ETF by 47.1% in the 2nd quarter. Kintra Wealth LLC now owns 848,974 shares of the company’s stock valued at $38,951,000 after purchasing an additional 271,777 shares in the last quarter. William Mack & Associates Inc. boosted its stake in shares of JPMorgan Income ETF by 82.9% in the 2nd quarter. William Mack & Associates Inc. now owns 50,476 shares of the company’s stock valued at $2,324,000 after purchasing an additional 22,882 shares in the last quarter. Finally, HB Wealth Management LLC boosted its stake in shares of JPMorgan Income ETF by 462.5% in the 2nd quarter. HB Wealth Management LLC now owns 24,608 shares of the company’s stock valued at $1,133,000 after purchasing an additional 20,233 shares in the last quarter.

JPMorgan Income ETF Stock Down 0.1%

JPIE stock opened at $45.00 on Wednesday. JPMorgan Income ETF has a 52 week low of $44.58 and a 52 week high of $46.61. The firm’s fifty day moving average is $45.19 and its 200 day moving average is $45.85.

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.