Harbour Investments Inc. Purchases New Shares in JPMorgan Income ETF (NYSEARCA:JPIE)

Harbour Investments Inc. acquired a new position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 18,706 shares of the company’s stock, valued at approximately $868,000. Harbour Investments Inc. owned 0.06% of JPMorgan Income ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC acquired a new position in JPMorgan Income ETF during the second quarter valued at approximately $70,005,000. Savant Capital LLC raised its holdings in shares of JPMorgan Income ETF by 71.8% during the 2nd quarter. Savant Capital LLC now owns 840,019 shares of the company’s stock worth $38,187,000 after buying an additional 351,055 shares in the last quarter. Waverly Advisors LLC lifted its position in shares of JPMorgan Income ETF by 364.6% during the 1st quarter. Waverly Advisors LLC now owns 257,650 shares of the company’s stock worth $11,739,000 after buying an additional 202,193 shares during the last quarter. Prentice Wealth Management LLC boosted its stake in JPMorgan Income ETF by 3,286.3% in the second quarter. Prentice Wealth Management LLC now owns 175,070 shares of the company’s stock valued at $7,959,000 after buying an additional 169,900 shares in the last quarter. Finally, Richard W. Paul & Associates LLC grew its position in JPMorgan Income ETF by 662.2% in the third quarter. Richard W. Paul & Associates LLC now owns 189,777 shares of the company’s stock valued at $8,804,000 after acquiring an additional 164,879 shares during the last quarter.

JPMorgan Income ETF Stock Performance

Shares of JPMorgan Income ETF stock opened at $45.65 on Friday. The company’s 50 day moving average price is $46.01 and its two-hundred day moving average price is $45.69. JPMorgan Income ETF has a fifty-two week low of $44.53 and a fifty-two week high of $46.43.

JPMorgan Income ETF 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.