Royal Bank of Canada Purchases 3,694 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Royal Bank of Canada boosted its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 0.2% in the 4th quarter, HoldingsChannel reports. The firm owned 1,882,919 shares of the company’s stock after buying an additional 3,694 shares during the period. Royal Bank of Canada owned 0.07% of JPMorgan Income ETF worth $85,898,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Income ETF by 1.4% in the fourth quarter. JPMorgan Chase & Co. now owns 5,000,820 shares of the company’s stock worth $228,137,000 after acquiring an additional 70,930 shares during the last quarter. Heritage Financial Services LLC raised its stake in shares of JPMorgan Income ETF by 3.7% in the fourth quarter. Heritage Financial Services LLC now owns 2,454,191 shares of the company’s stock worth $111,960,000 after acquiring an additional 87,743 shares during the last quarter. Savant Capital LLC raised its stake in shares of JPMorgan Income ETF by 39.2% in the fourth quarter. Savant Capital LLC now owns 1,921,630 shares of the company’s stock worth $87,665,000 after acquiring an additional 540,676 shares during the last quarter. Bank of America Corp DE raised its stake in shares of 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 worth $84,447,000 after acquiring an additional 324,852 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised its stake in shares of JPMorgan Income ETF by 8.8% in the fourth quarter. Sequoia Financial Advisors LLC now owns 1,781,776 shares of the company’s stock worth $81,285,000 after acquiring an additional 144,345 shares during the last quarter.

JPMorgan Income ETF Stock Up 0.0%

Shares of NYSEARCA JPIE opened at $45.85 on Tuesday. JPMorgan Income ETF has a 1-year low of $45.01 and a 1-year high of $46.95. The company has a 50-day moving average of $45.76 and a two-hundred day moving average of $45.80.

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.