Madrid Wealth Management LLC Boosts Position in JPMorgan Income ETF $JPIE

Madrid Wealth Management LLC raised its position in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 45.0% during the 1st quarter, Holdings Channel reports. The firm owned 48,053 shares of the company’s stock after acquiring an additional 14,907 shares during the quarter. JPMorgan Income ETF comprises about 1.6% of Madrid Wealth Management LLC’s holdings, making the stock its 18th biggest position. Madrid Wealth Management LLC’s holdings in JPMorgan Income ETF were worth $2,214,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Huntington National Bank purchased a new position in shares of JPMorgan Income ETF in the fourth quarter valued at $26,000. Imprint Wealth LLC purchased a new stake in shares of JPMorgan Income ETF in the 3rd quarter worth about $33,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of JPMorgan Income ETF in the 4th quarter worth about $35,000. Central Pacific Bank Trust Division acquired a new stake in JPMorgan Income ETF in the 4th quarter valued at about $35,000. Finally, Vermillion & White Wealth Management Group LLC grew its stake in JPMorgan Income ETF by 351.6% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 849 shares of the company’s stock valued at $39,000 after acquiring an additional 661 shares during the last quarter.

JPMorgan Income ETF Stock Performance

NYSEARCA:JPIE opened at $46.07 on Friday. The firm has a 50-day moving average price of $46.02 and a two-hundred day moving average price of $46.19. JPMorgan Income ETF has a twelve month low of $45.77 and a twelve month high of $46.61.

About JPMorgan Income ETF

(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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