Fiduciary Alliance LLC Acquires 7,697 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Fiduciary Alliance LLC raised its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 20.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,892 shares of the company’s stock after buying an additional 7,697 shares during the period. Fiduciary Alliance LLC’s holdings in JPMorgan Income ETF were worth $2,083,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in JPIE. Massmutual Trust Co. FSB ADV lifted its stake 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 JPMorgan Income ETF by 9.4% during the 1st quarter. Legacy Financial Strategies LLC now owns 5,701 shares of the company’s stock worth $260,000 after acquiring an additional 490 shares during the last quarter. Cooper Financial Group boosted its holdings in JPMorgan Income ETF by 21.8% during the first quarter. Cooper Financial Group now owns 27,736 shares of the company’s stock valued at $1,264,000 after acquiring an additional 4,955 shares during the period. Security Financial Services INC. grew 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 valued at $287,000 after purchasing an additional 368 shares during the last quarter. Finally, Capital Advisors Wealth Management LLC increased its stake in shares of JPMorgan Income ETF by 16.7% in the first quarter. Capital Advisors Wealth Management LLC now owns 486,810 shares of the company’s stock worth $22,179,000 after purchasing an additional 69,528 shares during the period.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA JPIE traded down $0.01 during trading hours on Monday, hitting $45.96. 46,043 shares of the company’s stock were exchanged, compared to its average volume of 236,527. The company’s 50-day moving average price is $46.05 and its 200-day moving average price is $45.58. JPMorgan Income ETF has a 1-year low of $43.72 and a 1-year high of $46.43.

JPMorgan Income ETF 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.