Lineweaver Wealth Advisors LLC Invests $14.20 Million in JPMorgan Income ETF (NYSEARCA:JPIE)

Lineweaver Wealth Advisors LLC purchased a new stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 310,935 shares of the company’s stock, valued at approximately $14,195,000. JPMorgan Income ETF accounts for about 2.6% of Lineweaver Wealth Advisors LLC’s holdings, making the stock its 8th largest position.

Several other hedge funds have also recently bought and sold shares of JPIE. JPMorgan Chase & Co. boosted its stake 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 valued at $228,698,000 after buying an additional 2,894,852 shares during the period. Savant Capital LLC boosted its position in JPMorgan Income ETF by 39.2% during the fourth quarter. Savant Capital LLC now owns 1,921,630 shares of the company’s stock valued at $87,665,000 after purchasing an additional 540,676 shares during the last quarter. Planned Solutions Inc. boosted its position in JPMorgan Income ETF by 47.5% during the fourth quarter. Planned Solutions Inc. now owns 461,898 shares of the company’s stock valued at $21,072,000 after purchasing an additional 148,726 shares during the last quarter. BankPlus Wealth Management LLC purchased a new position in JPMorgan Income ETF in the fourth quarter valued at about $6,355,000. Finally, Wealth Enhancement Advisory Services LLC increased its position in JPMorgan Income ETF by 1,686.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 132,079 shares of the company’s stock worth $6,127,000 after purchasing an additional 124,684 shares during the last quarter.

JPMorgan Income ETF Stock Up 0.1 %

JPIE opened at $46.11 on Thursday. JPMorgan Income ETF has a fifty-two week low of $44.80 and a fifty-two week high of $46.43. The business has a 50-day moving average of $45.80 and a 200-day moving average of $45.90.

About JPMorgan Income ETF

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.