JPMorgan Income ETF $JPIE Shares Bought by Waverly Advisors LLC

Waverly Advisors LLC raised its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 9.5% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 2,491,534 shares of the company’s stock after acquiring an additional 215,345 shares during the quarter. JPMorgan Income ETF comprises approximately 0.9% of Waverly Advisors LLC’s investment portfolio, making the stock its 16th largest holding. Waverly Advisors LLC’s holdings in JPMorgan Income ETF were worth $114,785,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. EPG Wealth Management LLC grew its stake in JPMorgan Income ETF by 10.1% during the 4th quarter. EPG Wealth Management LLC now owns 126,586 shares of the company’s stock worth $5,860,000 after purchasing an additional 11,577 shares in the last quarter. Chesley Taft & Associates LLC increased its holdings in JPMorgan Income ETF by 26.7% during the 4th quarter. Chesley Taft & Associates LLC now owns 79,920 shares of the company’s stock worth $3,699,000 after purchasing an additional 16,848 shares during the period. Pennsylvania Capital Management Inc. ADV raised its position in JPMorgan Income ETF by 4.4% in the 4th quarter. Pennsylvania Capital Management Inc. ADV now owns 453,100 shares of the company’s stock valued at $20,974,000 after purchasing an additional 19,208 shares in the last quarter. RFG Advisory LLC raised its position in JPMorgan Income ETF by 15.7% in the 4th quarter. RFG Advisory LLC now owns 80,744 shares of the company’s stock valued at $3,738,000 after purchasing an additional 10,958 shares in the last quarter. Finally, Choreo LLC boosted its stake in shares of JPMorgan Income ETF by 2,878.1% in the 4th quarter. Choreo LLC now owns 164,988 shares of the company’s stock valued at $7,675,000 after buying an additional 159,448 shares during the period.

JPMorgan Income ETF Trading Up 0.1%

NYSEARCA JPIE opened at $45.79 on Friday. JPMorgan Income ETF has a 52 week low of $45.73 and a 52 week high of $46.61. The firm has a 50 day moving average of $45.93 and a two-hundred day moving average of $46.12.

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.