Financial Advocates Investment Management Increases Stock Holdings in JPMorgan Income ETF (NYSEARCA:JPIE)

Financial Advocates Investment Management boosted its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 27.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 16,884 shares of the company’s stock after buying an additional 3,649 shares during the quarter. Financial Advocates Investment Management’s holdings in JPMorgan Income ETF were worth $783,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of JPIE. JFS Wealth Advisors LLC raised its position in JPMorgan Income ETF by 35.0% in the 3rd quarter. JFS Wealth Advisors LLC now owns 6,750 shares of the company’s stock worth $313,000 after purchasing an additional 1,750 shares during the period. Lodestar Private Asset Management LLC raised its holdings in shares of JPMorgan Income ETF by 11.5% in the third quarter. Lodestar Private Asset Management LLC now owns 193,650 shares of the company’s stock worth $8,983,000 after buying an additional 19,938 shares during the period. Financial Futures Ltd Liability Co. raised its holdings in shares of JPMorgan Income ETF by 13.1% in the third quarter. Financial Futures Ltd Liability Co. now owns 160,692 shares of the company’s stock worth $7,455,000 after buying an additional 18,651 shares during the period. Patriot Financial Group Insurance Agency LLC lifted its stake in shares of JPMorgan Income ETF by 122.0% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 44,260 shares of the company’s stock worth $2,053,000 after acquiring an additional 24,326 shares during the last quarter. Finally, Investment Partners Asset Management Inc. boosted its holdings in JPMorgan Income ETF by 7.3% during the 3rd quarter. Investment Partners Asset Management Inc. now owns 8,714 shares of the company’s stock valued at $404,000 after acquiring an additional 596 shares during the period.

JPMorgan Income ETF Trading Down 0.1 %

JPIE stock opened at $45.60 on Friday. JPMorgan Income ETF has a twelve month low of $44.07 and a twelve month high of $46.43. The business’s fifty day simple moving average is $46.09 and its two-hundred day simple moving average is $45.65.

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.