JPMorgan Income ETF (NYSEARCA:JPIE) Holdings Raised by Convergence Financial LLC

Convergence Financial LLC raised its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 17.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 11,934 shares of the company’s stock after purchasing an additional 1,764 shares during the period. Convergence Financial LLC’s holdings in JPMorgan Income ETF were worth $544,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. JPMorgan Chase & Co. raised its position in JPMorgan Income ETF by 142.3% during the third quarter. JPMorgan Chase & Co. now owns 4,929,890 shares of the company’s stock valued at $228,698,000 after acquiring an additional 2,894,852 shares in the last quarter. Heritage Financial Services LLC lifted its holdings in JPMorgan Income ETF by 3.7% in the 4th quarter. Heritage Financial Services LLC now owns 2,454,191 shares of the company’s stock worth $111,960,000 after purchasing an additional 87,743 shares during the last quarter. Savant Capital LLC grew its holdings 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. Syntegra Private Wealth Group LLC lifted its stake in shares of JPMorgan Income ETF by 4.7% in the fourth quarter. Syntegra Private Wealth Group LLC now owns 924,601 shares of the company’s stock worth $42,180,000 after buying an additional 41,502 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in JPMorgan Income ETF by 13.4% in the 3rd quarter. Janney Montgomery Scott LLC now owns 910,818 shares of the company’s stock worth $42,253,000 after acquiring an additional 107,472 shares during the period.

JPMorgan Income ETF Stock Performance

JPIE stock opened at $46.11 on Thursday. The company has a 50-day moving average of $45.80 and a two-hundred day moving average of $45.90. JPMorgan Income ETF has a 52-week low of $44.80 and a 52-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.