Scott Capital Advisors LLC Purchases 25,776 Shares of JPMorgan Income ETF $JPIE

Scott Capital Advisors LLC increased its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 4.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 597,811 shares of the company’s stock after purchasing an additional 25,776 shares during the quarter. JPMorgan Income ETF comprises approximately 4.3% of Scott Capital Advisors LLC’s portfolio, making the stock its 11th biggest holding. Scott Capital Advisors LLC’s holdings in JPMorgan Income ETF were worth $27,529,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in JPIE. Jones Financial Companies Lllp bought a new position in JPMorgan Income ETF during the 1st quarter worth $555,000. EverSource Wealth Advisors LLC grew its stake in shares of JPMorgan Income ETF by 26.4% in the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock valued at $76,000 after acquiring an additional 343 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of JPMorgan Income ETF by 13.9% in the second quarter. NewEdge Advisors LLC now owns 149,989 shares of the company’s stock valued at $6,948,000 after acquiring an additional 18,298 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of JPMorgan Income ETF by 21.1% in the second quarter. Raymond James Financial Inc. now owns 710,909 shares of the company’s stock valued at $32,929,000 after acquiring an additional 123,935 shares in the last quarter. Finally, Vienna Asset Management LLC increased its position in JPMorgan Income ETF by 21.8% during the second quarter. Vienna Asset Management LLC now owns 43,197 shares of the company’s stock worth $2,001,000 after acquiring an additional 7,735 shares during the period.

JPMorgan Income ETF Trading Down 0.2%

Shares of JPMorgan Income ETF stock opened at $45.77 on Tuesday. JPMorgan Income ETF has a twelve month low of $45.65 and a twelve month high of $46.61. The company has a 50-day simple moving average of $45.90 and a two-hundred day simple moving average of $46.08.

About JPMorgan Income ETF

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. JPIE was launched on Oct 28, 2021 and is managed by JPMorgan Chase.