JPMorgan Income ETF $JPIE Shares Acquired by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. grew its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 47.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 191,748 shares of the company’s stock after buying an additional 61,695 shares during the quarter. Envestnet Portfolio Solutions Inc. owned 0.12% of JPMorgan Income ETF worth $8,876,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of JPIE. Global View Capital Management LLC increased its stake in shares of JPMorgan Income ETF by 3.3% in the 4th quarter. Global View Capital Management LLC now owns 6,945 shares of the company’s stock valued at $321,000 after purchasing an additional 220 shares in the last quarter. Steinberganna Wealth Management increased its stake in JPMorgan Income ETF by 1.8% during the 4th quarter. Steinberganna Wealth Management now owns 13,806 shares of the company’s stock worth $639,000 after buying an additional 246 shares in the last quarter. Fagan Associates Inc. increased its stake in JPMorgan Income ETF by 3.3% during the 4th quarter. Fagan Associates Inc. now owns 7,775 shares of the company’s stock worth $360,000 after buying an additional 250 shares in the last quarter. Summit Wealth Partners LLC increased its stake in JPMorgan Income ETF by 3.9% during the 4th quarter. Summit Wealth Partners LLC now owns 7,012 shares of the company’s stock worth $325,000 after buying an additional 260 shares in the last quarter. Finally, Mayfair Advisory Group LLC increased its stake in JPMorgan Income ETF by 3.1% during the 4th quarter. Mayfair Advisory Group LLC now owns 10,006 shares of the company’s stock worth $463,000 after buying an additional 300 shares in the last quarter.

JPMorgan Income ETF Stock Performance

JPIE stock opened at $45.90 on Thursday. The business has a 50 day simple moving average of $46.05 and a 200-day simple moving average of $46.25. JPMorgan Income ETF has a 1 year low of $45.75 and a 1 year high of $46.61.

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.