JPMorgan Income ETF $JPIE is BankPlus Wealth Management LLC’s 3rd Largest Position

BankPlus Wealth Management LLC grew its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 7.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 178,646 shares of the company’s stock after buying an additional 12,701 shares during the period. JPMorgan Income ETF makes up 4.6% of BankPlus Wealth Management LLC’s portfolio, making the stock its 3rd largest holding. BankPlus Wealth Management LLC’s holdings in JPMorgan Income ETF were worth $8,270,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. American Financial Advisors LLC grew its stake in shares of JPMorgan Income ETF by 1,427.5% in the 3rd quarter. American Financial Advisors LLC now owns 257,284 shares of the company’s stock worth $11,941,000 after buying an additional 240,440 shares in the last quarter. MorganRosel Wealth Management LLC grew its stake in shares of JPMorgan Income ETF by 22.5% in the 3rd quarter. MorganRosel Wealth Management LLC now owns 147,741 shares of the company’s stock worth $6,857,000 after buying an additional 27,107 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of JPMorgan Income ETF by 5.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 401,410 shares of the company’s stock worth $18,629,000 after buying an additional 21,085 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of JPMorgan Income ETF by 33.1% in the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 130,053 shares of the company’s stock worth $6,036,000 after buying an additional 32,374 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake in shares of JPMorgan Income ETF by 142.7% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 48,519 shares of the company’s stock worth $2,252,000 after buying an additional 28,531 shares in the last quarter.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA:JPIE opened at $46.07 on Friday. JPMorgan Income ETF has a 52 week low of $45.69 and a 52 week high of $46.61. The firm has a fifty day simple moving average of $46.12 and a two-hundred day simple moving average of $46.28.

JPMorgan Income ETF 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.