Shares of JPMorgan Income ETF (NYSEARCA:JPIE – Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $46.99 and last traded at $46.10, with a volume of 1622 shares trading hands. The stock had previously closed at $46.11.
JPMorgan Income ETF Stock Up 0.1 %
The company’s 50 day simple moving average is $45.82 and its 200-day simple moving average is $45.91.
Institutional Investors Weigh In On JPMorgan Income ETF
Institutional investors and hedge funds have recently bought and sold shares of the stock. HighTower Advisors LLC raised its position in JPMorgan Income ETF by 2.0% during the fourth quarter. HighTower Advisors LLC now owns 12,704 shares of the company’s stock valued at $580,000 after purchasing an additional 248 shares in the last quarter. Confluence Wealth Services Inc. raised its holdings in shares of JPMorgan Income ETF by 4.6% during the 4th quarter. Confluence Wealth Services Inc. now owns 5,675 shares of the company’s stock valued at $260,000 after buying an additional 251 shares in the last quarter. Newbridge Financial Services Group Inc. lifted its position in JPMorgan Income ETF by 33.8% in 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 boosted its stake in JPMorgan Income ETF by 5.0% in the fourth quarter. Legacy Financial Strategies LLC now owns 6,920 shares of the company’s stock worth $316,000 after buying an additional 332 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC raised its stake in shares of JPMorgan Income ETF by 0.7% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 56,815 shares of the company’s stock worth $2,592,000 after acquiring an additional 400 shares in 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.
Read More
- Five stocks we like better than JPMorgan Income ETF
- Are Penny Stocks a Good Fit for Your Portfolio?
- Autodesk Designs Value for Investors: Uptrend Set to Continue
- What is diluted earnings per share (Diluted EPS)?
- Anheuser-Busch Stock Rallies—Is the King of Beers Back?
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- MarketBeat Week in Review – 02/24 – 02/28
Receive News & Ratings for JPMorgan Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
