JPMorgan Income ETF (NYSEARCA:JPIE) Shares Bought by Independent Wealth Network Inc.

Independent Wealth Network Inc. raised its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 5.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 12,940 shares of the company’s stock after acquiring an additional 616 shares during the period. Independent Wealth Network Inc.’s holdings in JPMorgan Income ETF were worth $590,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in JPMorgan Income ETF by 142.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,929,890 shares of the company’s stock worth $228,698,000 after buying an additional 2,894,852 shares in the last quarter. Richard W. Paul & Associates LLC boosted its position in JPMorgan Income ETF by 662.2% in the 3rd quarter. Richard W. Paul & Associates LLC now owns 189,777 shares of the company’s stock valued at $8,804,000 after buying an additional 164,879 shares during the period. Planned Solutions Inc. boosted its position in JPMorgan Income ETF by 47.5% in the 4th quarter. Planned Solutions Inc. now owns 461,898 shares of the company’s stock valued at $21,072,000 after buying an additional 148,726 shares during the period. Wagner Wealth Management LLC boosted its position in JPMorgan Income ETF by 37.5% in the 3rd quarter. Wagner Wealth Management LLC now owns 533,900 shares of the company’s stock valued at $24,768,000 after buying an additional 145,693 shares during the period. Finally, Syntegra Private Wealth Group LLC boosted its position in JPMorgan Income ETF by 16.6% in the 3rd quarter. Syntegra Private Wealth Group LLC now owns 883,099 shares of the company’s stock valued at $40,967,000 after buying an additional 125,592 shares during the period.

JPMorgan Income ETF Stock Performance

Shares of JPIE opened at $45.84 on Thursday. JPMorgan Income ETF has a twelve month low of $44.80 and a twelve month high of $46.43. The firm’s fifty day simple moving average is $45.76 and its 200-day simple moving average is $45.86.

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.