PNC Financial Services Group Inc. Acquires 39,750 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

PNC Financial Services Group Inc. raised its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 252.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,494 shares of the company’s stock after purchasing an additional 39,750 shares during the quarter. PNC Financial Services Group Inc. owned 0.19% of JPMorgan Income ETF worth $2,574,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Prospera Financial Services Inc lifted its holdings in JPMorgan Income ETF by 1,361.7% during the third quarter. Prospera Financial Services Inc now owns 79,943 shares of the company’s stock worth $3,710,000 after acquiring an additional 74,474 shares during the period. Schneider Downs Wealth Management Advisors LP increased its position in shares of JPMorgan Income ETF by 8.1% during the 3rd quarter. Schneider Downs Wealth Management Advisors LP now owns 146,916 shares of the company’s stock valued at $6,815,000 after purchasing an additional 11,016 shares during the last quarter. Cable Hill Partners LLC bought a new stake in shares of JPMorgan Income ETF during the 3rd quarter worth $216,000. D Orazio & Associates Inc. boosted its holdings in shares of JPMorgan Income ETF by 9.7% in the 3rd quarter. D Orazio & Associates Inc. now owns 756,628 shares of the company’s stock worth $35,100,000 after buying an additional 67,039 shares during the last quarter. Finally, Oppenheimer & Co. Inc. grew its position in JPMorgan Income ETF by 168.0% during the third quarter. Oppenheimer & Co. Inc. now owns 13,400 shares of the company’s stock valued at $622,000 after buying an additional 8,400 shares during the period.

JPMorgan Income ETF Stock Performance

NYSEARCA JPIE opened at $45.84 on Tuesday. JPMorgan Income ETF has a 52-week low of $44.58 and a 52-week high of $46.43. The company has a 50-day simple moving average of $45.97 and a 200 day simple moving average of $45.73.

JPMorgan Income ETF Company 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.