JPMorgan Income ETF (NYSEARCA:JPIE) Reaches New 52-Week High at $46.08

JPMorgan Income ETF (NYSEARCA:JPIE)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $46.08 and last traded at $46.07, with a volume of 17891 shares traded. The stock had previously closed at $46.05.

JPMorgan Income ETF Trading Up 0.1 %

The business’s fifty day moving average is $45.65 and its 200 day moving average is $45.39.

Institutional Trading of JPMorgan Income ETF

Several hedge funds and other institutional investors have recently modified their holdings of JPIE. Financial Gravity Asset Management Inc. bought a new position in shares of JPMorgan Income ETF during the second quarter worth about $26,000. Newbridge Financial Services Group Inc. bought a new position in shares of JPMorgan Income ETF in the 1st quarter valued at about $35,000. Whittier Trust Co. of Nevada Inc. increased its position in shares of JPMorgan Income ETF by 95.1% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 921 shares of the company’s stock valued at $42,000 after acquiring an additional 449 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in JPMorgan Income ETF by 63.6% during the first quarter. EverSource Wealth Advisors LLC now owns 1,456 shares of the company’s stock worth $66,000 after acquiring an additional 566 shares in the last quarter. Finally, Mascoma Wealth Management LLC boosted its position in JPMorgan Income ETF by 84.4% during the second quarter. Mascoma Wealth Management LLC now owns 2,185 shares of the company’s stock valued at $99,000 after purchasing an additional 1,000 shares during the last quarter.

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.