JPMorgan Income ETF $JPIE Stock Bought by Breakwater Capital Group

Breakwater Capital Group boosted its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 236.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 43,912 shares of the company’s stock after purchasing an additional 30,848 shares during the period. Breakwater Capital Group’s holdings in JPMorgan Income ETF were worth $1,971,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Sequoia Financial Advisors LLC increased its position in JPMorgan Income ETF by 11.7% during the second quarter. Sequoia Financial Advisors LLC now owns 7,131,321 shares of the company’s stock valued at $328,397,000 after acquiring an additional 747,797 shares during the last quarter. Bank of America Corp DE increased its stake in JPMorgan Income ETF by 16.5% in the first quarter. Bank of America Corp DE now owns 3,616,685 shares of the company’s stock worth $166,621,000 after purchasing an additional 513,347 shares during the period. Waverly Advisors LLC lifted its position in shares of JPMorgan Income ETF by 7.1% during the second quarter. Waverly Advisors LLC now owns 2,667,808 shares of the company’s stock worth $122,853,000 after purchasing an additional 176,274 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of JPMorgan Income ETF by 1.2% during the second quarter. Envestnet Asset Management Inc. now owns 2,634,836 shares of the company’s stock worth $121,334,000 after purchasing an additional 31,981 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in shares of JPMorgan Income ETF by 5.7% in the first quarter. Royal Bank of Canada now owns 2,287,927 shares of the company’s stock worth $105,405,000 after purchasing an additional 123,329 shares during the last quarter.

JPMorgan Income ETF Stock Performance

JPMorgan Income ETF stock opened at $44.86 on Friday. The business has a fifty day moving average of $45.49 and a two-hundred day moving average of $45.80. JPMorgan Income ETF has a twelve month low of $44.58 and a twelve month high of $46.61.

About JPMorgan Income ETF

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.