Emissary Wealth LLC Invests $2.67 Million in JPMorgan Income ETF $JPIE

Emissary Wealth LLC acquired a new position in JPMorgan Income ETF (NYSEARCA:JPIE) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 57,578 shares of the company’s stock, valued at approximately $2,665,000. JPMorgan Income ETF comprises 2.2% of Emissary Wealth LLC’s investment portfolio, making the stock its 16th biggest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of JPIE. Imprint Wealth LLC purchased a new stake in shares of JPMorgan Income ETF in the third quarter worth approximately $33,000. ESL Trust Services LLC purchased a new stake in shares of JPMorgan Income ETF in the third quarter worth approximately $35,000. Central Pacific Bank Trust Division purchased a new stake in shares of JPMorgan Income ETF in the fourth quarter worth approximately $35,000. Wilmington Savings Fund Society FSB raised its stake in shares of JPMorgan Income ETF by 95.1% in the third quarter. Wilmington Savings Fund Society FSB now owns 880 shares of the company’s stock worth $41,000 after purchasing an additional 429 shares during the last quarter. Finally, GGM Financials LLC purchased a new stake in shares of JPMorgan Income ETF in the third quarter worth approximately $43,000.

JPMorgan Income ETF Price Performance

Shares of JPMorgan Income ETF stock opened at $46.26 on Monday. JPMorgan Income ETF has a 52 week low of $45.60 and a 52 week high of $46.61. The business has a 50 day moving average price of $46.21 and a 200-day moving average price of $46.29.

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.