Signet Financial Management LLC Has $327,000 Stake in JPMorgan Income ETF (NYSEARCA:JPIE)

Signet Financial Management LLC increased its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 26.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 7,172 shares of the company’s stock after acquiring an additional 1,519 shares during the period. Signet Financial Management LLC’s holdings in JPMorgan Income ETF were worth $327,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Stifel Financial Corp boosted its stake in shares of JPMorgan Income ETF by 27.9% during the 3rd quarter. Stifel Financial Corp now owns 12,088 shares of the company’s stock worth $561,000 after acquiring an additional 2,634 shares in the last quarter. Mount Yale Investment Advisors LLC boosted its position in JPMorgan Income ETF by 3.8% during the second quarter. Mount Yale Investment Advisors LLC now owns 266,769 shares of the company’s stock worth $12,127,000 after purchasing an additional 9,848 shares during the period. HighTower Advisors LLC raised its position in shares of JPMorgan Income ETF by 18.5% in the third quarter. HighTower Advisors LLC now owns 12,456 shares of the company’s stock valued at $578,000 after purchasing an additional 1,947 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of JPMorgan Income ETF by 19.0% in the second quarter. Envestnet Asset Management Inc. now owns 153,343 shares of the company’s stock worth $6,971,000 after buying an additional 24,537 shares during the last quarter. Finally, Creative Planning acquired a new stake in shares of JPMorgan Income ETF in the second quarter worth $646,000.

JPMorgan Income ETF Trading Up 0.1 %

NYSEARCA:JPIE opened at $45.49 on Tuesday. JPMorgan Income ETF has a 1 year low of $44.80 and a 1 year high of $46.43. The firm’s fifty day simple moving average is $45.75 and its 200 day simple moving average is $45.84.

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.