Cwm LLC Acquires 40,730 Shares of JPMorgan Income ETF $JPIE

Cwm LLC increased its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 439.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 49,999 shares of the company’s stock after buying an additional 40,730 shares during the period. Cwm LLC’s holdings in JPMorgan Income ETF were worth $2,320,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Hicks Capital Management LLC purchased a new position in JPMorgan Income ETF during the second quarter valued at approximately $533,000. Founders Financial Securities LLC purchased a new position in shares of JPMorgan Income ETF in the 3rd quarter worth $7,235,000. Montecito Bank & Trust purchased a new position in JPMorgan Income ETF in the third quarter worth about $2,762,000. Altus Wealth Management LLC raised its holdings in JPMorgan Income ETF by 1.1% during the 2nd quarter. Altus Wealth Management LLC now owns 40,201 shares of the company’s stock valued at $1,862,000 after buying an additional 419 shares during the period. Finally, Wagner Wealth Management LLC grew its position in JPMorgan Income ETF by 3.6% in the 2nd quarter. Wagner Wealth Management LLC now owns 656,341 shares of the company’s stock valued at $30,402,000 after acquiring an additional 22,587 shares during the last quarter.

JPMorgan Income ETF Stock Performance

Shares of JPMorgan Income ETF stock opened at $46.27 on Friday. JPMorgan Income ETF has a 12 month low of $45.01 and a 12 month high of $46.57. The stock’s fifty day moving average price is $46.34 and its 200-day moving average price is $46.30.

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. JPIE was launched on Oct 28, 2021 and is managed by JPMorgan Chase.