Beta Wealth Group Inc. Purchases New Shares in JPMorgan Income ETF $JPIE

Beta Wealth Group Inc. purchased a new position in shares of JPMorgan Income ETF (NYSEARCA:JPIEFree Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 15,401 shares of the company’s stock, valued at approximately $715,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Parkworth Wealth Management Inc. acquired a new stake in shares of JPMorgan Income ETF in the second quarter valued at approximately $29,000. ESL Trust Services LLC bought a new position in JPMorgan Income ETF during the 3rd quarter worth $35,000. Total Investment Management Inc. acquired a new position in JPMorgan Income ETF in the 2nd quarter valued at $37,000. Wilmington Savings Fund Society FSB lifted its position in shares of JPMorgan Income ETF by 95.1% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 880 shares of the company’s stock valued at $41,000 after acquiring an additional 429 shares during the period. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in shares of JPMorgan Income ETF during the 2nd quarter worth $62,000.

JPMorgan Income ETF Stock Performance

Shares of NYSEARCA JPIE opened at $46.49 on Tuesday. The stock’s fifty day moving average is $46.38 and its 200 day moving average is $46.36. JPMorgan Income ETF has a 52 week low of $45.01 and a 52 week high of $46.57.

JPMorgan Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.2036 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend was Monday, February 2nd.

JPMorgan Income ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for JPMorgan Income ETF (NYSEARCA:JPIE)

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