Scott Capital Advisors LLC Acquires 9,322 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Scott Capital Advisors LLC grew its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 2.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 349,370 shares of the company’s stock after purchasing an additional 9,322 shares during the quarter. JPMorgan Income ETF accounts for 4.6% of Scott Capital Advisors LLC’s portfolio, making the stock its 7th largest position. Scott Capital Advisors LLC owned about 1.21% of JPMorgan Income ETF worth $16,207,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Red Mountain Financial LLC acquired a new position in shares of JPMorgan Income ETF in the 4th quarter worth $3,139,000. Massmutual Trust Co. FSB ADV lifted its position in shares of JPMorgan Income ETF by 5.9% in the first quarter. Massmutual Trust Co. FSB ADV now owns 31,618 shares of the company’s stock worth $1,441,000 after buying an additional 1,762 shares during the last quarter. Legacy Financial Strategies LLC lifted its position in shares of JPMorgan Income ETF by 9.4% in the first quarter. Legacy Financial Strategies LLC now owns 5,701 shares of the company’s stock worth $260,000 after buying an additional 490 shares during the last quarter. Cooper Financial Group lifted its position in shares of JPMorgan Income ETF by 21.8% in the first quarter. Cooper Financial Group now owns 27,736 shares of the company’s stock worth $1,264,000 after buying an additional 4,955 shares during the last quarter. Finally, Security Financial Services INC. lifted its position in shares of JPMorgan Income ETF by 6.2% in the first quarter. Security Financial Services INC. now owns 6,301 shares of the company’s stock worth $287,000 after buying an additional 368 shares during the last quarter.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA:JPIE traded down $0.02 on Friday, reaching $45.96. The company had a trading volume of 23,290 shares, compared to its average volume of 236,426. JPMorgan Income ETF has a twelve month low of $43.72 and a twelve month high of $46.43. The stock has a 50-day moving average price of $46.04 and a 200 day moving average price of $45.58.

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.