Western Wealth Management LLC Makes New $2.10 Million Investment in JPMorgan Income ETF $JPIE

Western Wealth Management LLC bought a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 45,572 shares of the company’s stock, valued at approximately $2,099,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. EPG Wealth Management LLC increased its position in JPMorgan Income ETF by 10.1% during the fourth 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 last quarter. Pennsylvania Capital Management Inc. ADV raised its stake in 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 worth $20,974,000 after purchasing an additional 19,208 shares during the period. Choreo LLC boosted its holdings in JPMorgan Income ETF by 2,878.1% in the 4th quarter. Choreo LLC now owns 164,988 shares of the company’s stock valued at $7,675,000 after purchasing an additional 159,448 shares during the last quarter. RFG Advisory LLC boosted its holdings in JPMorgan Income ETF by 15.7% in the 4th quarter. RFG Advisory LLC now owns 80,744 shares of the company’s stock valued at $3,738,000 after purchasing an additional 10,958 shares during the last quarter. Finally, Financial Futures Ltd Liability Co. boosted its holdings in JPMorgan Income ETF by 27.7% in the 4th quarter. Financial Futures Ltd Liability Co. now owns 193,076 shares of the company’s stock valued at $8,937,000 after purchasing an additional 41,930 shares during the last quarter.

JPMorgan Income ETF Price Performance

JPMorgan Income ETF stock opened at $45.84 on Friday. The firm has a 50 day simple moving average of $45.92 and a 200-day simple moving average of $46.11. JPMorgan Income ETF has a 1-year low of $45.73 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.