5T Wealth LLC Invests $1.87 Million in JPMorgan Income ETF (NYSEARCA:JPIE)

5T Wealth LLC acquired a new stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 41,043 shares of the company’s stock, valued at approximately $1,872,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Confluence Wealth Services Inc. boosted its stake in JPMorgan Income ETF by 4.6% during the fourth quarter. Confluence Wealth Services Inc. now owns 5,675 shares of the company’s stock valued at $260,000 after buying an additional 251 shares during the period. Newbridge Financial Services Group Inc. raised its position in shares of JPMorgan Income ETF by 33.8% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 1,030 shares of the company’s stock valued at $47,000 after buying an additional 260 shares in the last quarter. Legacy Financial Strategies LLC lifted its holdings in shares of JPMorgan Income ETF by 5.0% during the 4th quarter. Legacy Financial Strategies LLC now owns 6,920 shares of the company’s stock worth $316,000 after acquiring an additional 332 shares during the last quarter. U.S. Capital Wealth Advisors LLC grew its position in JPMorgan Income ETF by 0.7% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 56,815 shares of the company’s stock worth $2,592,000 after acquiring an additional 400 shares in the last quarter. Finally, LGT Financial Advisors LLC increased its stake in JPMorgan Income ETF by 75.4% in the third quarter. LGT Financial Advisors LLC now owns 1,019 shares of the company’s stock valued at $47,000 after acquiring an additional 438 shares during the last quarter.

JPMorgan Income ETF Stock Up 0.2 %

Shares of JPIE stock opened at $45.90 on Monday. The business has a 50-day moving average price of $45.79 and a two-hundred day moving average price of $45.89. JPMorgan Income ETF has a 12-month low of $44.80 and a 12-month high of $46.43.

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.