Mutual Advisors LLC Raises Stake in JPMorgan Income ETF $JPIE

Mutual Advisors LLC increased its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 23.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 155,606 shares of the company’s stock after purchasing an additional 29,082 shares during the quarter. Mutual Advisors LLC owned 0.17% of JPMorgan Income ETF worth $7,187,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in JPIE. LRI Investments LLC purchased a new position in JPMorgan Income ETF in the first quarter valued at about $39,000. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of JPMorgan Income ETF by 58.5% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,460 shares of the company’s stock worth $67,000 after acquiring an additional 539 shares during the period. Iron Horse Wealth Management LLC grew its holdings in shares of JPMorgan Income ETF by 60.0% in the 1st quarter. Iron Horse Wealth Management LLC now owns 1,600 shares of the company’s stock worth $74,000 after acquiring an additional 600 shares during the period. Bartlett & CO. Wealth Management LLC purchased a new stake in JPMorgan Income ETF during the second quarter worth $121,000. Finally, CWM LLC purchased a new stake in JPMorgan Income ETF during the first quarter worth $130,000.

JPMorgan Income ETF Stock Performance

Shares of JPIE stock opened at $46.31 on Wednesday. JPMorgan Income ETF has a fifty-two week low of $45.01 and a fifty-two week high of $46.57. The business has a fifty day simple moving average of $46.37 and a 200-day simple moving average of $46.06.

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.