Williams Financial LLC Raises Stock Holdings in JPMorgan Income ETF $JPIE

Williams Financial LLC raised its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 6.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,120,305 shares of the company’s stock after buying an additional 69,238 shares during the quarter. JPMorgan Income ETF comprises approximately 26.7% of Williams Financial LLC’s holdings, making the stock its largest position. Williams Financial LLC owned about 0.50% of JPMorgan Income ETF worth $51,590,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. RFG Advisory LLC increased its stake in JPMorgan Income ETF by 15.7% in the 4th quarter. RFG Advisory LLC now owns 80,744 shares of the company’s stock worth $3,738,000 after acquiring an additional 10,958 shares during the last quarter. Founders Financial Securities LLC grew its holdings in shares of JPMorgan Income ETF by 9.8% in the first quarter. Founders Financial Securities LLC now owns 189,908 shares of the company’s stock valued at $8,753,000 after purchasing an additional 16,893 shares in the last quarter. Cornerstone Financial Management LLC bought a new stake in JPMorgan Income ETF in the fourth quarter worth $1,524,000. Harbour Investments Inc. increased its position in JPMorgan Income ETF by 25.6% in the fourth quarter. Harbour Investments Inc. now owns 95,025 shares of the company’s stock worth $4,399,000 after purchasing an additional 19,345 shares during the last quarter. Finally, BankPlus Wealth Management LLC raised its stake in JPMorgan Income ETF by 7.7% during the fourth quarter. BankPlus Wealth Management LLC now owns 178,646 shares of the company’s stock valued at $8,270,000 after purchasing an additional 12,701 shares in the last quarter.

JPMorgan Income ETF Stock Performance

Shares of NYSEARCA JPIE opened at $45.60 on Thursday. The firm’s 50-day moving average price is $45.86 and its 200-day moving average price is $46.01. JPMorgan Income ETF has a 12-month low of $45.54 and a 12-month 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.