JPMorgan Income ETF (NYSEARCA:JPIE) Stock Position Lifted by Private Advisor Group LLC

Private Advisor Group LLC lifted its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 17.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 247,577 shares of the company’s stock after acquiring an additional 35,968 shares during the quarter. Private Advisor Group LLC owned 0.86% of JPMorgan Income ETF worth $11,295,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. MidAtlantic Capital Management Inc. acquired a new position in shares of JPMorgan Income ETF in the 4th quarter valued at about $35,000. Private Trust Co. NA bought a new position in JPMorgan Income ETF in the third quarter worth about $36,000. Wilmington Savings Fund Society FSB acquired a new position in JPMorgan Income ETF in the third quarter valued at approximately $38,000. LGT Financial Advisors LLC grew its holdings in shares of JPMorgan Income ETF by 75.4% during the third quarter. LGT Financial Advisors LLC now owns 1,019 shares of the company’s stock valued at $47,000 after purchasing an additional 438 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. raised its position in shares of JPMorgan Income ETF by 33.8% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 1,030 shares of the company’s stock worth $47,000 after purchasing an additional 260 shares during the period.

JPMorgan Income ETF Stock Performance

NYSEARCA:JPIE opened at $45.92 on Friday. The business has a 50 day simple moving average of $45.79 and a 200 day simple moving average of $45.89. JPMorgan Income ETF has a 12-month low of $44.80 and a 12-month 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.