JPMorgan Income ETF $JPIE Stock: Signature Equity Partners LLC Increases Position

Signature Equity Partners LLC increased its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 5,362.4% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 34,413 shares of the company’s stock after acquiring an additional 33,783 shares during the period. Signature Equity Partners LLC’s holdings in JPMorgan Income ETF were worth $1,545,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JPIE. Rice Partnership LLC purchased a new position in JPMorgan Income ETF in the 1st quarter worth approximately $30,000. MADDEN SECURITIES Corp acquired a new stake in JPMorgan Income ETF in the third quarter valued at approximately $31,000. Torren Management LLC purchased a new stake in shares of JPMorgan Income ETF during the first quarter valued at approximately $34,000. Kings Path Partners LLC purchased a new stake in shares of JPMorgan Income ETF during the third quarter valued at approximately $62,000. Finally, GK Wealth Management LLC purchased a new stake in shares of JPMorgan Income ETF during the third quarter valued at approximately $67,000.

JPMorgan Income ETF Price Performance

NYSEARCA JPIE opened at $45.05 on Tuesday. The company’s fifty day simple moving average is $45.21 and its 200-day simple moving average is $45.86. JPMorgan Income ETF has a 52 week low of $44.58 and a 52 week 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.