GC Wealth Management RIA LLC Acquires New Position in JPMorgan Income ETF $JPIE

GC Wealth Management RIA LLC acquired a new stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) in the first quarter, HoldingsChannel.com reports. The firm acquired 11,937 shares of the company’s stock, valued at approximately $550,000.

Several other large investors have also bought and sold shares of JPIE. Huntington National Bank bought a new position in shares of JPMorgan Income ETF in the fourth quarter worth approximately $26,000. Rice Partnership LLC purchased a new position in JPMorgan Income ETF in the 1st quarter worth approximately $30,000. Imprint Wealth LLC purchased a new position in JPMorgan Income ETF in the 3rd quarter worth approximately $33,000. Torren Management LLC bought a new position in JPMorgan Income ETF in the 1st quarter valued at approximately $34,000. Finally, MidAtlantic Capital Management Inc. purchased a new stake in JPMorgan Income ETF during the 4th quarter valued at $35,000.

JPMorgan Income ETF Price Performance

JPMorgan Income ETF stock opened at $45.79 on Friday. The stock has a fifty day simple moving average of $45.93 and a two-hundred day simple moving average of $46.12. JPMorgan Income ETF has a 12 month low of $45.73 and a 12 month high of $46.61.

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.