Truist Financial Corp Takes $328,000 Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Truist Financial Corp acquired a new stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 7,259 shares of the company’s stock, valued at approximately $328,000.

Other institutional investors also recently added to or reduced their stakes in the company. Diversified LLC acquired a new stake in JPMorgan Income ETF in the second quarter worth about $15,976,000. Family Asset Management LLC boosted its holdings in JPMorgan Income ETF by 2,038,238.5% in the second quarter. Family Asset Management LLC now owns 264,984 shares of the company’s stock worth $11,977,000 after acquiring an additional 264,971 shares in the last quarter. Heritage Financial Services LLC boosted its holdings in JPMorgan Income ETF by 9.2% in the first quarter. Heritage Financial Services LLC now owns 1,761,821 shares of the company’s stock worth $80,647,000 after acquiring an additional 147,774 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in JPMorgan Income ETF by 274.3% in the second quarter. Janney Montgomery Scott LLC now owns 130,959 shares of the company’s stock worth $5,919,000 after acquiring an additional 95,970 shares in the last quarter. Finally, Syntegra Private Wealth Group LLC boosted its holdings in JPMorgan Income ETF by 14.4% in the second quarter. Syntegra Private Wealth Group LLC now owns 690,981 shares of the company’s stock worth $31,232,000 after acquiring an additional 86,764 shares in the last quarter.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA JPIE opened at $44.19 on Monday. The business has a 50-day simple moving average of $44.25 and a two-hundred day simple moving average of $44.86. JPMorgan Income ETF has a fifty-two week low of $43.72 and a fifty-two week high of $46.47.

About JPMorgan Income ETF

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.