Clear Trail Advisors LLC Invests $13.72 Million in JPMorgan Income ETF $JPIE

Clear Trail Advisors LLC purchased a new position in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 297,772 shares of the company’s stock, valued at approximately $13,718,000. JPMorgan Income ETF accounts for about 2.3% of Clear Trail Advisors LLC’s holdings, making the stock its 17th largest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Balboa Wealth Partners boosted its position in JPMorgan Income ETF by 78.4% in the 1st quarter. Balboa Wealth Partners now owns 10,366 shares of the company’s stock valued at $478,000 after buying an additional 4,556 shares during the period. Asset Advisory Group Inc. increased its position in shares of JPMorgan Income ETF by 13.9% during the first quarter. Asset Advisory Group Inc. now owns 139,081 shares of the company’s stock worth $6,407,000 after acquiring an additional 16,947 shares during the period. Montecito Bank & Trust increased its position in shares of JPMorgan Income ETF by 29.2% during the first quarter. Montecito Bank & Trust now owns 91,043 shares of the company’s stock worth $4,194,000 after acquiring an additional 20,570 shares during the period. Sheets Smith Wealth Management raised its stake in shares of JPMorgan Income ETF by 17.8% during the first quarter. Sheets Smith Wealth Management now owns 55,227 shares of the company’s stock valued at $2,544,000 after acquiring an additional 8,345 shares in the last quarter. Finally, Founders Financial Securities LLC raised its stake in shares of JPMorgan Income ETF by 9.8% during the first quarter. Founders Financial Securities LLC now owns 189,908 shares of the company’s stock valued at $8,753,000 after acquiring an additional 16,893 shares in the last quarter.

JPMorgan Income ETF Trading Down 0.1%

Shares of NYSEARCA JPIE opened at $45.92 on Tuesday. JPMorgan Income ETF has a 52-week low of $45.77 and a 52-week high of $46.61. The stock has a 50 day moving average price of $46.03 and a 200 day moving average price of $46.20.

JPMorgan Income ETF Company 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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