Vestmark Advisory Solutions Inc. Boosts Holdings in JPMorgan Income ETF (NYSEARCA:JPIE)

Vestmark Advisory Solutions Inc. increased its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 35.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 734,627 shares of the company’s stock after acquiring an additional 193,300 shares during the quarter. JPMorgan Income ETF comprises about 0.9% of Vestmark Advisory Solutions Inc.’s investment portfolio, making the stock its 18th biggest holding. Vestmark Advisory Solutions Inc. owned about 0.99% of JPMorgan Income ETF worth $33,844,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. SeaCrest Wealth Management LLC increased its stake in JPMorgan Income ETF by 4.1% during the 1st quarter. SeaCrest Wealth Management LLC now owns 6,015 shares of the company’s stock valued at $277,000 after purchasing an additional 235 shares in the last quarter. FWG Holdings LLC increased its stake in JPMorgan Income ETF by 2.7% during the 1st quarter. FWG Holdings LLC now owns 10,497 shares of the company’s stock valued at $483,000 after purchasing an additional 275 shares in the last quarter. Comerica Bank increased its stake in JPMorgan Income ETF by 7.0% during the 4th quarter. Comerica Bank now owns 6,475 shares of the company’s stock valued at $295,000 after purchasing an additional 421 shares in the last quarter. Centricity Wealth Management LLC increased its stake in JPMorgan Income ETF by 245.4% during the 1st quarter. Centricity Wealth Management LLC now owns 753 shares of the company’s stock valued at $35,000 after purchasing an additional 535 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. grew its stake in shares of JPMorgan Income ETF by 58.5% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,460 shares of the company’s stock worth $67,000 after acquiring an additional 539 shares during the period.

JPMorgan Income ETF Trading Up 0.2%

Shares of JPIE stock opened at $46.34 on Thursday. The company has a 50 day moving average price of $46.10 and a 200-day moving average price of $45.93. JPMorgan Income ETF has a 52 week low of $45.01 and a 52 week 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.