JPMorgan Income ETF (NYSEARCA:JPIE) Shares Acquired by Investment Partners Asset Management Inc.

Investment Partners Asset Management Inc. boosted its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 7.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,106 shares of the company’s stock after acquiring an additional 652 shares during the period. Investment Partners Asset Management Inc.’s holdings in JPMorgan Income ETF were worth $420,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Southeast Asset Advisors LLC increased its position in shares of JPMorgan Income ETF by 89.4% in the 4th quarter. Southeast Asset Advisors LLC now owns 8,195 shares of the company’s stock worth $374,000 after purchasing an additional 3,869 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in JPMorgan Income ETF by 8.8% in the fourth quarter. Sequoia Financial Advisors LLC now owns 1,781,776 shares of the company’s stock worth $81,285,000 after purchasing an additional 144,345 shares in the last quarter. Comerica Bank increased its holdings in JPMorgan Income ETF by 7.0% in the fourth quarter. Comerica Bank now owns 6,475 shares of the company’s stock valued at $295,000 after buying an additional 421 shares during the last quarter. HighTower Advisors LLC raised its position in shares of JPMorgan Income ETF by 2.0% during the 4th quarter. HighTower Advisors LLC now owns 12,704 shares of the company’s stock valued at $580,000 after acquiring an additional 248 shares in the last quarter. Finally, Cornerstone Advisory LLC lifted its stake in JPMorgan Income ETF by 425.6% during the fourth quarter. Cornerstone Advisory LLC now owns 491,865 shares of the company’s stock worth $22,577,000 after purchasing an additional 398,276 shares during the last quarter.

JPMorgan Income ETF Stock Up 0.1%

JPMorgan Income ETF stock opened at $45.83 on Wednesday. JPMorgan Income ETF has a 12 month low of $45.01 and a 12 month high of $46.43. The company has a fifty day moving average price of $45.73 and a two-hundred day moving average price of $45.82.

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.