Sequoia Financial Advisors LLC Increases Stock Holdings in JPMorgan Income ETF (NYSEARCA:JPIE)

Sequoia Financial Advisors LLC grew its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 8.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,781,776 shares of the company’s stock after purchasing an additional 144,345 shares during the period. JPMorgan Income ETF comprises about 0.8% of Sequoia Financial Advisors LLC’s portfolio, making the stock its 22nd biggest position. Sequoia Financial Advisors LLC owned about 0.06% of JPMorgan Income ETF worth $81,285,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. HighTower Advisors LLC boosted its holdings in JPMorgan Income ETF by 2.0% in the fourth quarter. HighTower Advisors LLC now owns 12,704 shares of the company’s stock valued at $580,000 after purchasing an additional 248 shares during the period. Confluence Wealth Services Inc. raised its position in JPMorgan Income ETF by 4.6% in the 4th quarter. Confluence Wealth Services Inc. now owns 5,675 shares of the company’s stock valued at $260,000 after purchasing an additional 251 shares in the last quarter. Newbridge Financial Services Group Inc. boosted its stake in shares of JPMorgan Income ETF by 33.8% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 1,030 shares of the company’s stock valued at $47,000 after buying an additional 260 shares during the period. Legacy Financial Strategies LLC grew its position in shares of JPMorgan Income ETF by 5.0% during the fourth quarter. Legacy Financial Strategies LLC now owns 6,920 shares of the company’s stock worth $316,000 after buying an additional 332 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC grew its position in shares of JPMorgan Income ETF by 0.7% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 56,815 shares of the company’s stock worth $2,592,000 after buying an additional 400 shares in the last quarter.

JPMorgan Income ETF Stock Down 0.1 %

Shares of NYSEARCA:JPIE opened at $45.94 on Wednesday. JPMorgan Income ETF has a fifty-two week low of $44.80 and a fifty-two week high of $46.43. The firm’s 50 day moving average price is $45.85 and its 200 day moving average price is $45.91.

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.