PFG Advisors raised its position in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 70.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,583 shares of the company’s stock after purchasing an additional 3,545 shares during the quarter. PFG Advisors’ holdings in JPMorgan Income ETF were worth $392,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. HighTower Advisors LLC increased its position in shares of JPMorgan Income ETF by 2.0% during the fourth quarter. HighTower Advisors LLC now owns 12,704 shares of the company’s stock worth $580,000 after acquiring an additional 248 shares during the period. Axis Wealth Partners LLC purchased a new stake in shares of JPMorgan Income ETF during the fourth quarter worth $524,000. PNC Financial Services Group Inc. increased its position in shares of JPMorgan Income ETF by 81.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 100,466 shares of the company’s stock worth $4,583,000 after acquiring an additional 44,972 shares during the period. Royal Harbor Partners LLC increased its position in shares of JPMorgan Income ETF by 3.9% during the fourth quarter. Royal Harbor Partners LLC now owns 177,141 shares of the company’s stock worth $8,081,000 after acquiring an additional 6,631 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of JPMorgan Income ETF during the fourth quarter worth $20,824,000.
JPMorgan Income ETF Stock Performance
Shares of JPIE stock opened at $45.93 on Friday. The firm has a fifty day moving average price of $45.86 and a 200 day moving average price of $45.91. JPMorgan Income ETF has a 12 month low of $44.80 and a 12 month high of $46.43.
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.
Featured Stories
- Five stocks we like better than JPMorgan Income ETF
- About the Markup Calculator
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- 3 Fintech Stocks With Good 2021 Prospects
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- How is Compound Interest Calculated?
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Want to see what other hedge funds are holding JPIE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Income ETF (NYSEARCA:JPIE – Free Report).
Receive News & Ratings for JPMorgan Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
