Essex LLC Makes New Investment in JPMorgan Income ETF (NYSEARCA:JPIE)

Essex LLC acquired a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 6,545 shares of the company’s stock, valued at approximately $299,000.

Several other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Income ETF by 142.3% in the third quarter. JPMorgan Chase & Co. now owns 4,929,890 shares of the company’s stock valued at $228,698,000 after buying an additional 2,894,852 shares during the last quarter. Heritage Financial Services LLC lifted its holdings in JPMorgan Income ETF by 3.7% during the 4th quarter. Heritage Financial Services LLC now owns 2,454,191 shares of the company’s stock valued at $111,960,000 after purchasing an additional 87,743 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in JPMorgan Income ETF by 6.3% during the third quarter. Sequoia Financial Advisors LLC now owns 1,637,431 shares of the company’s stock worth $75,960,000 after purchasing an additional 97,513 shares during the period. Syntegra Private Wealth Group LLC increased its holdings in shares of JPMorgan Income ETF by 4.7% in the fourth quarter. Syntegra Private Wealth Group LLC now owns 924,601 shares of the company’s stock valued at $42,180,000 after purchasing an additional 41,502 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in shares of JPMorgan Income ETF by 13.4% in the third quarter. Janney Montgomery Scott LLC now owns 910,818 shares of the company’s stock valued at $42,253,000 after purchasing an additional 107,472 shares during the last quarter.

JPMorgan Income ETF Stock Performance

NYSEARCA JPIE opened at $45.81 on Friday. JPMorgan Income ETF has a 52-week low of $44.80 and a 52-week high of $46.43. The firm has a 50-day moving average of $45.78 and a 200-day moving average of $45.88.

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.