Modera Wealth Management LLC bought a new position in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) in the 4th quarter, Holdings Channel.com reports. The fund bought 36,930 shares of the company’s stock, valued at approximately $1,685,000.
Other institutional investors have also modified their holdings of the company. Confluence Wealth Services Inc. grew its stake in JPMorgan Income ETF by 4.6% in the fourth quarter. Confluence Wealth Services Inc. now owns 5,675 shares of the company’s stock worth $260,000 after purchasing an additional 251 shares in the last quarter. Newbridge Financial Services Group Inc. lifted its holdings in JPMorgan Income ETF by 33.8% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 1,030 shares of the company’s stock worth $47,000 after buying an additional 260 shares during the last quarter. Legacy Financial Strategies LLC grew its position in shares of JPMorgan Income ETF by 5.0% in the 4th quarter. Legacy Financial Strategies LLC now owns 6,920 shares of the company’s stock worth $316,000 after acquiring an additional 332 shares in the last quarter. U.S. Capital Wealth Advisors LLC increased its holdings in shares of JPMorgan Income ETF by 0.7% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 56,815 shares of the company’s stock valued at $2,592,000 after acquiring an additional 400 shares during the last quarter. Finally, LGT Financial Advisors LLC raised its position in shares of JPMorgan Income ETF by 75.4% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,019 shares of the company’s stock valued at $47,000 after acquiring an additional 438 shares in the last quarter.
JPMorgan Income ETF Stock Performance
Shares of JPIE opened at $45.99 on Tuesday. JPMorgan Income ETF has a 12-month low of $44.80 and a 12-month high of $46.43. The business’s fifty day moving average price is $45.82 and its 200 day moving average price is $45.91.
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.
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