StoneX Group Inc. Makes New $893,000 Investment in JPMorgan Income ETF $JPIE

StoneX Group Inc. purchased a new position in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 19,714 shares of the company’s stock, valued at approximately $893,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. JSF Financial LLC boosted its position in JPMorgan Income ETF by 2.4% during the third quarter. JSF Financial LLC now owns 9,530 shares of the company’s stock valued at $428,000 after purchasing an additional 225 shares during the last quarter. Nolet Wealth Management LLC increased its position in JPMorgan Income ETF by 0.6% in the 3rd quarter. Nolet Wealth Management LLC now owns 45,637 shares of the company’s stock worth $2,049,000 after purchasing an additional 253 shares during the last quarter. Archer Investment Corp raised its stake in shares of JPMorgan Income ETF by 9.1% during the 1st quarter. Archer Investment Corp now owns 3,577 shares of the company’s stock worth $165,000 after purchasing an additional 297 shares in the last quarter. Birchwood Financial Partners Inc. raised its stake in shares of JPMorgan Income ETF by 1.6% during the 3rd quarter. Birchwood Financial Partners Inc. now owns 20,916 shares of the company’s stock worth $939,000 after purchasing an additional 337 shares in the last quarter. Finally, Stephens Inc. AR raised its stake in shares of JPMorgan Income ETF by 6.1% during the 1st quarter. Stephens Inc. AR now owns 6,945 shares of the company’s stock worth $320,000 after purchasing an additional 400 shares in the last quarter.

JPMorgan Income ETF Trading Down 0.4%

Shares of JPMorgan Income ETF stock opened at $45.04 on Wednesday. JPMorgan Income ETF has a 52-week low of $44.58 and a 52-week high of $46.61. The stock has a 50-day simple moving average of $45.11 and a 200-day simple moving average of $45.82.

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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