Transce3nd LLC bought a new stake in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) during the 4th quarter, Holdings Channel.com reports. The firm bought 22,472 shares of the company’s stock, valued at approximately $1,025,000.
Several other institutional investors have also recently bought and sold shares of JPIE. Southeast Asset Advisors LLC increased its position in shares of JPMorgan Income ETF by 89.4% in the fourth quarter. Southeast Asset Advisors LLC now owns 8,195 shares of the company’s stock valued at $374,000 after acquiring an additional 3,869 shares during the last quarter. Stifel Financial Corp increased its position 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 purchasing an additional 2,634 shares during the last quarter. Lodestar Private Asset Management LLC raised its stake in shares of JPMorgan Income ETF by 14.9% during the 4th quarter. Lodestar Private Asset Management LLC now owns 222,475 shares of the company’s stock worth $10,149,000 after purchasing an additional 28,825 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of JPMorgan Income ETF by 8.8% in the 4th quarter. Sequoia Financial Advisors LLC now owns 1,781,776 shares of the company’s stock valued at $81,285,000 after buying an additional 144,345 shares during the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of JPMorgan Income ETF by 2.0% in the fourth quarter. HighTower Advisors LLC now owns 12,704 shares of the company’s stock valued at $580,000 after buying an additional 248 shares in the last quarter.
JPMorgan Income ETF Stock Up 0.5 %
NYSEARCA JPIE opened at $45.71 on Friday. The firm’s fifty day moving average price is $45.83 and its two-hundred day moving average price is $45.82. JPMorgan Income ETF has a 1 year low of $44.80 and a 1 year high of $46.43.
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.
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