Founders Financial Securities LLC Acquires 17,116 Shares of JPMorgan Income ETF $JPIE

Founders Financial Securities LLC grew its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 11.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 173,015 shares of the company’s stock after buying an additional 17,116 shares during the quarter. Founders Financial Securities LLC’s holdings in JPMorgan Income ETF were worth $8,009,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Yukon Wealth Management Inc. grew its stake in shares of JPMorgan Income ETF by 30.6% during the fourth quarter. Yukon Wealth Management Inc. now owns 11,248 shares of the company’s stock valued at $521,000 after buying an additional 2,638 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in JPMorgan Income ETF by 261.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 172,209 shares of the company’s stock worth $7,972,000 after purchasing an additional 124,510 shares in the last quarter. Beckerman Institutional LLC grew its stake in JPMorgan Income ETF by 11.4% in the fourth quarter. Beckerman Institutional LLC now owns 60,124 shares of the company’s stock worth $2,783,000 after purchasing an additional 6,135 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new position in JPMorgan Income ETF in the fourth quarter worth approximately $35,000. Finally, Huntington National Bank bought a new position in JPMorgan Income ETF in the fourth quarter worth approximately $26,000.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA:JPIE opened at $46.16 on Friday. JPMorgan Income ETF has a 52-week low of $45.76 and a 52-week high of $46.61. The business’s 50 day moving average is $46.03 and its 200 day moving average is $46.24.

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.