Beckerman Institutional LLC Grows Stock Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Beckerman Institutional LLC boosted its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 19.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 41,837 shares of the company’s stock after buying an additional 6,930 shares during the period. JPMorgan Income ETF makes up approximately 1.5% of Beckerman Institutional LLC’s holdings, making the stock its 17th largest holding. Beckerman Institutional LLC’s holdings in JPMorgan Income ETF were worth $1,909,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of JPIE. Private Trust Co. NA purchased a new stake in JPMorgan Income ETF during the 3rd quarter valued at $36,000. Wilmington Savings Fund Society FSB purchased a new stake in JPMorgan Income ETF during the 3rd quarter valued at $38,000. LGT Financial Advisors LLC raised its holdings in JPMorgan Income ETF by 75.4% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,019 shares of the company’s stock valued at $47,000 after buying an additional 438 shares during the period. Newbridge Financial Services Group Inc. raised its holdings in JPMorgan Income ETF by 33.8% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 1,030 shares of the company’s stock valued at $47,000 after buying an additional 260 shares during the period. Finally, CENTRAL TRUST Co grew its position in JPMorgan Income ETF by 107.3% in the 3rd quarter. CENTRAL TRUST Co now owns 1,248 shares of the company’s stock valued at $58,000 after acquiring an additional 646 shares during the last quarter.

JPMorgan Income ETF Stock Down 0.1 %

Shares of JPMorgan Income ETF stock opened at $45.75 on Thursday. The stock’s fifty day moving average is $45.79 and its two-hundred day moving average is $45.89. JPMorgan Income ETF has a 52 week low of $44.80 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.