Fortress Wealth Management Inc. Has $12.72 Million Stock Holdings in JPMorgan Income ETF (NYSEARCA:JPIE)

Fortress Wealth Management Inc. increased its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 11.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 278,794 shares of the company’s stock after purchasing an additional 29,273 shares during the period. JPMorgan Income ETF makes up approximately 6.2% of Fortress Wealth Management Inc.’s holdings, making the stock its 5th biggest position. Fortress Wealth Management Inc. owned 0.97% of JPMorgan Income ETF worth $12,719,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Private Trust Co. NA purchased a new stake in shares of JPMorgan Income ETF during the third quarter valued at $36,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of JPMorgan Income ETF during the 3rd quarter valued at about $38,000. LGT Financial Advisors LLC grew its stake in shares of JPMorgan Income ETF by 75.4% in the third quarter. LGT Financial Advisors LLC now owns 1,019 shares of the company’s stock worth $47,000 after acquiring an additional 438 shares during the period. CENTRAL TRUST Co lifted its position in JPMorgan Income ETF by 107.3% during the third quarter. CENTRAL TRUST Co now owns 1,248 shares of the company’s stock valued at $58,000 after purchasing an additional 646 shares during the period. Finally, Sunbelt Securities Inc. purchased a new stake in JPMorgan Income ETF in the third quarter worth approximately $65,000.

JPMorgan Income ETF Price Performance

NYSEARCA JPIE opened at $45.92 on Tuesday. JPMorgan Income ETF has a 1-year low of $44.80 and a 1-year high of $46.43. The business’s fifty day moving average price is $45.77 and its 200-day moving average price is $45.87.

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.