FMA Wealth Management LLC Purchases 76,807 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

FMA Wealth Management LLC lifted its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 46.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 242,222 shares of the company’s stock after acquiring an additional 76,807 shares during the period. JPMorgan Income ETF makes up 8.2% of FMA Wealth Management LLC’s investment portfolio, making the stock its 6th largest position. FMA Wealth Management LLC’s holdings in JPMorgan Income ETF were worth $11,237,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in JPIE. Financial Gravity Asset Management Inc. acquired a new position in shares of JPMorgan Income ETF during the second quarter valued at $26,000. Whittier Trust Co. of Nevada Inc. raised its position in shares of JPMorgan Income ETF by 95.1% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 921 shares of the company’s stock worth $42,000 after buying an additional 449 shares in the last quarter. EverSource Wealth Advisors LLC lifted 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 worth $66,000 after acquiring an additional 566 shares during the period. Mascoma Wealth Management LLC boosted its holdings in shares of JPMorgan Income ETF by 84.4% in the second quarter. Mascoma Wealth Management LLC now owns 2,185 shares of the company’s stock valued at $99,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Insight Wealth Partners LLC acquired a new position in shares of JPMorgan Income ETF during the second quarter valued at approximately $203,000.

JPMorgan Income ETF Stock Up 0.1 %

Shares of JPIE stock traded up $0.04 during mid-day trading on Tuesday, hitting $46.02. 252,588 shares of the stock traded hands, compared to its average volume of 237,325. JPMorgan Income ETF has a twelve month low of $43.72 and a twelve month high of $46.43. The company’s 50-day simple moving average is $46.06 and its 200-day simple moving average is $45.58.

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.