EPG Wealth Management LLC Grows Position in JPMorgan Income ETF $JPIE

EPG Wealth Management LLC lifted its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 136.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 115,009 shares of the company’s stock after purchasing an additional 66,384 shares during the quarter. JPMorgan Income ETF comprises 1.5% of EPG Wealth Management LLC’s investment portfolio, making the stock its 16th biggest holding. EPG Wealth Management LLC owned approximately 0.09% of JPMorgan Income ETF worth $5,338,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC boosted its holdings in shares of JPMorgan Income ETF by 3.1% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 9,548 shares of the company’s stock valued at $442,000 after buying an additional 289 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in JPMorgan Income ETF by 26.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $76,000 after acquiring an additional 343 shares in the last quarter. Independent Wealth Network Inc. grew its holdings in JPMorgan Income ETF by 2.6% in the third quarter. Independent Wealth Network Inc. now owns 13,856 shares of the company’s stock worth $643,000 after purchasing an additional 346 shares during the period. Wilmington Savings Fund Society FSB increased its stake in shares of JPMorgan Income ETF by 95.1% during the third quarter. Wilmington Savings Fund Society FSB now owns 880 shares of the company’s stock valued at $41,000 after purchasing an additional 429 shares in the last quarter. Finally, Bank of Montreal Can increased its stake in shares of JPMorgan Income ETF by 5.7% during the second quarter. Bank of Montreal Can now owns 8,218 shares of the company’s stock valued at $381,000 after purchasing an additional 445 shares in the last quarter.

JPMorgan Income ETF Price Performance

Shares of JPIE opened at $46.42 on Wednesday. The business’s 50 day moving average price is $46.36 and its 200-day moving average price is $46.33. JPMorgan Income ETF has a 52 week low of $45.01 and a 52 week high of $46.57.

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.