Opes Wealth Management LLC Acquires 2,821 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Opes Wealth Management LLC boosted its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 46.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,930 shares of the company’s stock after purchasing an additional 2,821 shares during the period. Opes Wealth Management LLC’s holdings in JPMorgan Income ETF were worth $406,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Sequoia Financial Advisors LLC purchased a new stake in JPMorgan Income ETF during the 2nd quarter valued at $70,005,000. D Orazio & Associates Inc. grew its stake in shares of JPMorgan Income ETF by 178.7% in the fourth quarter. D Orazio & Associates Inc. now owns 542,214 shares of the company’s stock worth $24,730,000 after purchasing an additional 347,647 shares during the last quarter. Focus Financial Network Inc. ADV purchased a new position in JPMorgan Income ETF during the 4th quarter valued at about $10,115,000. Waverly Advisors LLC lifted its stake in JPMorgan Income ETF by 364.6% in the first quarter. Waverly Advisors LLC now owns 257,650 shares of the company’s stock worth $11,739,000 after acquiring an additional 202,193 shares during the period. Finally, Diversified LLC boosted its holdings in JPMorgan Income ETF by 50.6% in the first quarter. Diversified LLC now owns 579,962 shares of the company’s stock valued at $26,423,000 after acquiring an additional 194,911 shares in the last quarter.

JPMorgan Income ETF Price Performance

JPIE stock opened at $46.05 on Friday. JPMorgan Income ETF has a 1 year low of $43.72 and a 1 year high of $46.16. The firm has a 50-day moving average of $45.73 and a 200 day moving average of $45.43.

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.