Robertson Stephens Wealth Management LLC Acquires New Shares in JPMorgan Income ETF $JPIE

Robertson Stephens Wealth Management LLC purchased a new position in JPMorgan Income ETF (NYSEARCA:JPIE) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 23,595 shares of the company’s stock, valued at approximately $1,097,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in JPIE. Sequoia Financial Advisors LLC lifted its position in shares of JPMorgan Income ETF by 71.0% in the third quarter. Sequoia Financial Advisors LLC now owns 4,609,570 shares of the company’s stock worth $213,930,000 after buying an additional 1,914,053 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of JPMorgan Income ETF by 52.5% in the third quarter. Envestnet Asset Management Inc. now owns 2,438,090 shares of the company’s stock worth $113,152,000 after buying an additional 839,269 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Income ETF by 8.4% in the third quarter. JPMorgan Chase & Co. now owns 7,429,426 shares of the company’s stock worth $344,800,000 after buying an additional 578,800 shares during the last quarter. Vigilare Wealth Management acquired a new stake in shares of JPMorgan Income ETF in the fourth quarter worth about $20,737,000. Finally, Confluence Wealth Services Inc. lifted its position in shares of JPMorgan Income ETF by 2,446.6% in the fourth quarter. Confluence Wealth Services Inc. now owns 458,059 shares of the company’s stock worth $21,204,000 after buying an additional 440,072 shares during the last quarter.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA:JPIE opened at $46.00 on Monday. JPMorgan Income ETF has a fifty-two week low of $45.66 and a fifty-two week high of $46.61. The business has a 50-day moving average of $46.16 and a two-hundred day moving average of $46.29.

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.