JPMorgan Income ETF (NYSEARCA:JPIE) Sets New 52-Week High at $45.88

JPMorgan Income ETF (NYSEARCA:JPIE) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $45.88 and last traded at $45.86, with a volume of 42588 shares. The stock had previously closed at $45.87.

JPMorgan Income ETF Trading Up 0.2 %

The business has a fifty day moving average of $45.58 and a 200 day moving average of $45.37.

Institutional Investors Weigh In On JPMorgan Income ETF

Several large investors have recently added to or reduced their stakes in the business. Financial Gravity Asset Management Inc. acquired a new position in shares of JPMorgan Income ETF in the second quarter worth $26,000. Newbridge Financial Services Group Inc. purchased a new stake in JPMorgan Income ETF during the 1st quarter worth about $35,000. Whittier Trust Co. of Nevada Inc. raised its position in JPMorgan Income ETF by 95.1% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 921 shares of the company’s stock valued at $42,000 after purchasing an additional 449 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of JPMorgan Income ETF by 63.6% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,456 shares of the company’s stock valued at $66,000 after buying an additional 566 shares during the period. Finally, Mascoma Wealth Management LLC boosted its stake in shares of JPMorgan Income ETF by 84.4% in the 2nd quarter. Mascoma Wealth Management LLC now owns 2,185 shares of the company’s stock valued at $99,000 after buying an additional 1,000 shares during the period.

JPMorgan Income ETF Company 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.