D.A. Davidson & CO. Buys 41,504 Shares of JPMorgan Income ETF $JPIE

D.A. Davidson & CO. boosted its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 8.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 551,927 shares of the company’s stock after buying an additional 41,504 shares during the period. D.A. Davidson & CO.’s holdings in JPMorgan Income ETF were worth $25,427,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of JPIE. EPG Wealth Management LLC raised its position in JPMorgan Income ETF by 10.1% in the 4th quarter. EPG Wealth Management LLC now owns 126,586 shares of the company’s stock worth $5,860,000 after purchasing an additional 11,577 shares during the period. Chesley Taft & Associates LLC boosted its position in shares of JPMorgan Income ETF by 26.7% during the fourth quarter. Chesley Taft & Associates LLC now owns 79,920 shares of the company’s stock valued at $3,699,000 after buying an additional 16,848 shares during the period. Pennsylvania Capital Management Inc. ADV grew its stake in shares of JPMorgan Income ETF by 4.4% during the fourth quarter. Pennsylvania Capital Management Inc. ADV now owns 453,100 shares of the company’s stock valued at $20,974,000 after buying an additional 19,208 shares during the last quarter. Choreo LLC grew its stake in shares of JPMorgan Income ETF by 2,878.1% during the fourth quarter. Choreo LLC now owns 164,988 shares of the company’s stock valued at $7,675,000 after buying an additional 159,448 shares during the last quarter. Finally, Financial Futures Ltd Liability Co. raised its holdings in shares of JPMorgan Income ETF by 27.7% in the fourth quarter. Financial Futures Ltd Liability Co. now owns 193,076 shares of the company’s stock worth $8,937,000 after buying an additional 41,930 shares during the period.

JPMorgan Income ETF Price Performance

Shares of JPIE stock opened at $45.93 on Thursday. The stock has a 50 day moving average price of $45.95 and a 200 day moving average price of $46.15. JPMorgan Income ETF has a 52-week low of $45.77 and a 52-week 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.