Financial Partners Group Inc Buys New Position in JPMorgan Income ETF $JPIE

Financial Partners Group Inc bought a new stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 76,315 shares of the company’s stock, valued at approximately $3,548,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Imprint Wealth LLC purchased a new stake in JPMorgan Income ETF in the third quarter worth $33,000. ESL Trust Services LLC purchased a new stake in JPMorgan Income ETF in the third quarter worth $35,000. Central Pacific Bank Trust Division purchased a new stake in JPMorgan Income ETF in the fourth quarter worth $35,000. Wilmington Savings Fund Society FSB grew its stake in JPMorgan Income ETF by 95.1% in the third quarter. Wilmington Savings Fund Society FSB now owns 880 shares of the company’s stock worth $41,000 after purchasing an additional 429 shares during the period. Finally, GGM Financials LLC purchased a new stake in JPMorgan Income ETF in the third quarter worth $43,000.

JPMorgan Income ETF Price Performance

NYSEARCA JPIE opened at $46.07 on Friday. JPMorgan Income ETF has a 12 month low of $45.69 and a 12 month high of $46.61. The stock’s fifty day moving average price is $46.12 and its 200-day moving average price is $46.28.

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.