BankPlus Wealth Management LLC Invests $6.36 Million in JPMorgan Income ETF (NYSEARCA:JPIE)

BankPlus Wealth Management LLC acquired a new stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 139,308 shares of the company’s stock, valued at approximately $6,355,000. JPMorgan Income ETF accounts for 4.7% of BankPlus Wealth Management LLC’s portfolio, making the stock its 3rd biggest holding.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in shares of JPMorgan Income ETF by 142.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,929,890 shares of the company’s stock worth $228,698,000 after buying an additional 2,894,852 shares in the last quarter. Heritage Financial Services LLC lifted its holdings in JPMorgan Income ETF by 4.9% during the third quarter. Heritage Financial Services LLC now owns 2,366,448 shares of the company’s stock worth $109,780,000 after buying an additional 111,564 shares during the period. Sequoia Financial Advisors LLC increased its holdings in shares of JPMorgan Income ETF by 6.3% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,637,431 shares of the company’s stock valued at $75,960,000 after acquiring an additional 97,513 shares during the period. Janney Montgomery Scott LLC raised its position in shares of JPMorgan Income ETF by 13.4% in the 3rd quarter. Janney Montgomery Scott LLC now owns 910,818 shares of the company’s stock worth $42,253,000 after acquiring an additional 107,472 shares in the last quarter. Finally, Syntegra Private Wealth Group LLC boosted its position in JPMorgan Income ETF by 16.6% during the third quarter. Syntegra Private Wealth Group LLC now owns 883,099 shares of the company’s stock valued at $40,967,000 after purchasing an additional 125,592 shares in the last quarter.

JPMorgan Income ETF Price Performance

JPIE stock opened at $45.92 on Tuesday. The firm has a 50-day simple moving average of $45.77 and a two-hundred day simple moving average of $45.87. JPMorgan Income ETF has a one year low of $44.80 and a one year high of $46.43.

JPMorgan Income ETF Company 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.