Paladin Advisory Group LLC Has $3.58 Million Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Paladin Advisory Group LLC boosted its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 5.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 78,475 shares of the company’s stock after buying an additional 4,058 shares during the period. JPMorgan Income ETF makes up 3.0% of Paladin Advisory Group LLC’s portfolio, making the stock its 9th largest holding. Paladin Advisory Group LLC owned 0.63% of JPMorgan Income ETF worth $3,579,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Wagner Wealth Management LLC lifted its holdings in shares of JPMorgan Income ETF by 0.7% during the fourth quarter. Wagner Wealth Management LLC now owns 77,615 shares of the company’s stock worth $3,540,000 after buying an additional 574 shares in the last quarter. Patriot Financial Group Insurance Agency LLC bought a new stake in JPMorgan Income ETF in the 4th quarter valued at about $668,000. Rainsberger Wealth Advisors Inc. acquired a new position in shares of JPMorgan Income ETF during the 4th quarter worth approximately $7,125,000. MRA Advisory Group bought a new position in shares of JPMorgan Income ETF during the third quarter worth approximately $3,882,000. Finally, SkyOak Wealth LLC bought a new position in shares of JPMorgan Income ETF during the fourth quarter worth approximately $2,316,000.

JPMorgan Income ETF Trading Up 0.2 %

NYSEARCA:JPIE traded up $0.07 during trading hours on Friday, reaching $44.96. 158,985 shares of the company were exchanged, compared to its average volume of 203,306. The business has a 50 day moving average of $45.29 and a 200 day moving average of $45.04. JPMorgan Income ETF has a 1-year low of $43.72 and a 1-year high of $46.05.

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.