Lodestar Private Asset Management LLC Raises Holdings in JPMorgan Income ETF $JPIE

Lodestar Private Asset Management LLC boosted its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 15.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 601,468 shares of the company’s stock after purchasing an additional 80,635 shares during the quarter. JPMorgan Income ETF comprises approximately 2.7% of Lodestar Private Asset Management LLC’s investment portfolio, making the stock its 10th largest holding. Lodestar Private Asset Management LLC owned about 0.32% of JPMorgan Income ETF worth $27,710,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jones Financial Companies Lllp acquired a new position in JPMorgan Income ETF during the first quarter worth $555,000. EverSource Wealth Advisors LLC lifted its stake in shares of JPMorgan Income ETF by 26.4% in the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock valued at $76,000 after buying an additional 343 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of JPMorgan Income ETF by 13.9% during the second quarter. NewEdge Advisors LLC now owns 149,989 shares of the company’s stock valued at $6,948,000 after buying an additional 18,298 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of JPMorgan Income ETF by 21.1% during the second quarter. Raymond James Financial Inc. now owns 710,909 shares of the company’s stock valued at $32,929,000 after buying an additional 123,935 shares during the last quarter. Finally, Vienna Asset Management LLC increased its position in shares of JPMorgan Income ETF by 21.8% during the second quarter. Vienna Asset Management LLC now owns 43,197 shares of the company’s stock worth $2,001,000 after acquiring an additional 7,735 shares in the last quarter.

JPMorgan Income ETF Price Performance

NYSEARCA:JPIE opened at $45.89 on Friday. JPMorgan Income ETF has a one year low of $45.77 and a one year high of $46.61. The firm has a 50-day moving average of $45.99 and a 200-day moving average of $46.18.

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.