Seamount Financial Group Inc. Makes New Investment in JPMorgan Income ETF (NYSEARCA:JPIE)

Seamount Financial Group Inc. purchased a new position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 27,710 shares of the company’s stock, valued at approximately $1,264,000. Seamount Financial Group Inc. owned about 0.10% of JPMorgan Income ETF as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Private Trust Co. NA purchased a new position in shares of JPMorgan Income ETF during the 3rd quarter valued at $36,000. Wilmington Savings Fund Society FSB bought a new stake in JPMorgan Income ETF in the 3rd quarter valued at about $38,000. LGT Financial Advisors LLC lifted its holdings in 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. CENTRAL TRUST Co boosted 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 worth $58,000 after purchasing an additional 646 shares during the period. Finally, Sunbelt Securities Inc. purchased a new position in shares of JPMorgan Income ETF in the third quarter worth about $65,000.

JPMorgan Income ETF Stock Performance

Shares of JPIE stock opened at $45.81 on Friday. JPMorgan Income ETF has a 12 month low of $44.80 and a 12 month high of $46.43. The firm’s 50 day moving average is $45.79 and its 200 day moving average is $45.88.

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.