Cetera Investment Advisers Raises Stake in JPMorgan Income ETF (NYSEARCA:JPIE)

Cetera Investment Advisers raised its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 46.6% in the fourth quarter, HoldingsChannel reports. The fund owned 106,020 shares of the company’s stock after purchasing an additional 33,686 shares during the period. Cetera Investment Advisers’ holdings in JPMorgan Income ETF were worth $4,837,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Citadel Advisors LLC acquired a new position in JPMorgan Income ETF in the fourth quarter valued at approximately $1,671,000. Cary Street Partners Financial LLC acquired a new position in JPMorgan Income ETF in the fourth quarter valued at approximately $28,385,000. Bank of America Corp DE lifted its holdings in JPMorgan Income ETF by 21.3% in the fourth quarter. Bank of America Corp DE now owns 1,851,098 shares of the company’s stock valued at $84,447,000 after acquiring an additional 324,852 shares during the period. Jane Street Group LLC lifted its holdings in JPMorgan Income ETF by 296.3% in the fourth quarter. Jane Street Group LLC now owns 62,859 shares of the company’s stock valued at $2,868,000 after acquiring an additional 46,996 shares during the period. Finally, Wise Wealth Partners acquired a new position in JPMorgan Income ETF in the fourth quarter valued at approximately $1,135,000.

JPMorgan Income ETF Stock Down 0.1%

Shares of JPIE stock opened at $45.71 on Thursday. The stock has a 50 day simple moving average of $45.77 and a 200-day simple moving average of $45.80. JPMorgan Income ETF has a 1-year low of $45.01 and a 1-year high of $46.43.

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.