Pearl Planning LLC Purchases Shares of 358,146 JPMorgan Income ETF $JPIE

Pearl Planning LLC purchased a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 358,146 shares of the company’s stock, valued at approximately $16,500,000. JPMorgan Income ETF makes up approximately 8.8% of Pearl Planning LLC’s investment portfolio, making the stock its 3rd largest holding. Pearl Planning LLC owned approximately 0.19% of JPMorgan Income ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan Income ETF by 4.1% during the fourth quarter. JPMorgan Chase & Co. now owns 7,731,323 shares of the company’s stock worth $357,883,000 after buying an additional 301,897 shares in the last quarter. Morgan Stanley lifted its stake in JPMorgan Income ETF by 25.8% in the 4th quarter. Morgan Stanley now owns 6,790,024 shares of the company’s stock valued at $314,310,000 after acquiring an additional 1,393,857 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in JPMorgan Income ETF by 21.3% in the 4th quarter. Sequoia Financial Advisors LLC now owns 5,592,163 shares of the company’s stock valued at $258,861,000 after acquiring an additional 982,593 shares in the last quarter. Wells Fargo & Company MN boosted its position in JPMorgan Income ETF by 45.9% during the 4th quarter. Wells Fargo & Company MN now owns 3,759,117 shares of the company’s stock worth $174,009,000 after acquiring an additional 1,181,828 shares during the last quarter. Finally, Heritage Financial Services LLC boosted its position in JPMorgan Income ETF by 23.6% during the 4th quarter. Heritage Financial Services LLC now owns 2,848,628 shares of the company’s stock worth $131,863,000 after acquiring an additional 543,246 shares during the last quarter.

JPMorgan Income ETF Stock Up 0.0%

Shares of JPIE opened at $45.87 on Friday. JPMorgan Income ETF has a twelve month low of $45.77 and a twelve month high of $46.61. The company has a 50 day moving average of $45.96 and a 200-day moving average of $46.16.

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.