William Mack & Associates Inc. raised its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 82.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,476 shares of the company’s stock after purchasing an additional 22,882 shares during the quarter. JPMorgan Income ETF comprises 0.8% of William Mack & Associates Inc.’s holdings, making the stock its 16th biggest position. William Mack & Associates Inc.’s holdings in JPMorgan Income ETF were worth $2,324,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Huntington National Bank acquired a new stake in shares of JPMorgan Income ETF during the fourth quarter worth $26,000. Rice Partnership LLC acquired a new position in shares of JPMorgan Income ETF in the 1st quarter valued at $30,000. Imprint Wealth LLC acquired a new position in shares of JPMorgan Income ETF in the 3rd quarter valued at $33,000. Torren Management LLC purchased a new position in JPMorgan Income ETF in the 1st quarter worth $34,000. Finally, MidAtlantic Capital Management Inc. purchased a new position in JPMorgan Income ETF in the 4th quarter worth $35,000.
JPMorgan Income ETF Stock Up 0.1%
Shares of JPIE opened at $45.80 on Wednesday. The stock has a 50-day moving average of $45.89 and a two-hundred day moving average of $46.08. JPMorgan Income ETF has a one year low of $45.65 and a one year 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.
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