J.P. Morgan launches its largest active ETF anchored by $2B investment
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 25 2025
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Source: SeekingAlpha
Launch of JPMorgan Active High Yield ETF: J.P. Morgan Asset Management has launched the JPMorgan Active High Yield ETF (JPHY), backed by a $2 billion investment, marking it as the largest active ETF launch and reinforcing J.P. Morgan's leadership in active fixed income management.
Investment Strategy and Performance: The ETF aims to invest at least 80% of its assets in high-yield debt securities rated below investment grade, targeting a high level of current income, and is benchmarked against the ICE BofA High Yield Constrained Index with a pricing of 45 basis points.
Analyst Views on JPM
Wall Street analysts forecast JPM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JPM is 341.38 USD with a low forecast of 260.00 USD and a high forecast of 400.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
19 Analyst Rating
11 Buy
7 Hold
1 Sell
Moderate Buy
Current: 302.040
Low
260.00
Averages
341.38
High
400.00
Current: 302.040
Low
260.00
Averages
341.38
High
400.00
About JPM
JPMorgan Chase & Co. is a financial holding company. The Company is engaged in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. The Company operates through three segments: Consumer & Community Banking (CCB), Commercial & Investment Bank (CIB), and Asset & Wealth Management (AWM). Its CCB segment offers products and services to consumers and small businesses through bank branches, ATMs, digital and telephone banking. Its CIB segment consists of banking and payments and markets and securities services, and offers a suite of investment banking, lending, payments, market-making, financing, custody and securities products and services to a global base of corporate and institutional clients. AWM segment offers investment and wealth management solutions. It offers multi-asset investment management solutions, retirement products and services, brokerage, custody, estate planning, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
