27,151 Shares in JPMorgan Income ETF $JPIE Acquired by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group purchased a new position in JPMorgan Income ETF (NYSEARCA:JPIE) during the second quarter, Holdings Channel.com reports. The fund purchased 27,151 shares of the company’s stock, valued at approximately $1,250,000.

Other institutional investors have also bought and sold shares of the company. Huntington National Bank bought a new position in JPMorgan Income ETF during the fourth quarter valued at $26,000. Rice Partnership LLC bought a new stake in shares of JPMorgan Income ETF in the first quarter valued at $30,000. Imprint Wealth LLC purchased a new position in shares of JPMorgan Income ETF during the 3rd quarter valued at $33,000. Torren Management LLC purchased a new position in shares of JPMorgan Income ETF during the 1st quarter valued at $34,000. Finally, MidAtlantic Capital Management Inc. purchased a new position in shares of JPMorgan Income ETF during the 4th quarter valued at $35,000.

JPMorgan Income ETF Trading Down 0.6%

JPIE stock opened at $45.57 on Wednesday. The stock has a fifty day moving average of $45.87 and a 200-day moving average of $46.02. JPMorgan Income ETF has a fifty-two week low of $45.54 and a fifty-two week high of $46.61.

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.