Savant Capital LLC Purchases 712,653 Shares of JPMorgan Income ETF $JPIE

Savant Capital LLC grew its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 28.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,210,220 shares of the company’s stock after buying an additional 712,653 shares during the quarter. JPMorgan Income ETF accounts for 0.9% of Savant Capital LLC’s holdings, making the stock its 21st largest holding. Savant Capital LLC’s holdings in JPMorgan Income ETF were worth $148,697,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in JPIE. FWG Holdings LLC boosted its stake in JPMorgan Income ETF by 2.7% in the 1st quarter. FWG Holdings LLC now owns 10,497 shares of the company’s stock worth $483,000 after purchasing an additional 275 shares in the last quarter. AdvisorNet Financial Inc boosted its stake in shares of JPMorgan Income ETF by 6.3% during the 2nd quarter. AdvisorNet Financial Inc now owns 6,656 shares of the company’s stock worth $308,000 after acquiring an additional 393 shares in the last quarter. Altus Wealth Management LLC increased its position in shares of JPMorgan Income ETF by 1.1% in the second quarter. Altus Wealth Management LLC now owns 40,201 shares of the company’s stock valued at $1,862,000 after buying an additional 419 shares in the last quarter. Bank of Montreal Can raised its position in shares of JPMorgan Income ETF by 5.7% during the 2nd quarter. Bank of Montreal Can now owns 8,218 shares of the company’s stock worth $381,000 after purchasing an additional 445 shares during the last quarter. Finally, Modera Wealth Management LLC boosted its stake in shares of JPMorgan Income ETF by 1.0% in the second quarter. Modera Wealth Management LLC now owns 48,110 shares of the company’s stock worth $2,228,000 after acquiring an additional 453 shares during the last quarter.

JPMorgan Income ETF Price Performance

Shares of JPIE opened at $46.20 on Friday. The firm has a 50-day moving average price of $46.38 and a 200 day moving average price of $46.15. JPMorgan Income ETF has a 12-month low of $45.01 and a 12-month high of $46.57.

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.