BankPlus Trust Department Invests $747,000 in JPMorgan Income ETF (NYSEARCA:JPIE)

BankPlus Trust Department purchased a new stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 16,380 shares of the company’s stock, valued at approximately $747,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. MidAtlantic Capital Management Inc. purchased a new stake in JPMorgan Income ETF during the 4th quarter valued at $35,000. Private Trust Co. NA bought a new position in shares of JPMorgan Income ETF during the 3rd quarter valued at $36,000. Wilmington Savings Fund Society FSB bought a new position in JPMorgan Income ETF in the third quarter valued at about $38,000. LGT Financial Advisors LLC boosted its position in JPMorgan Income ETF by 75.4% in the third quarter. LGT Financial Advisors LLC now owns 1,019 shares of the company’s stock worth $47,000 after purchasing an additional 438 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. boosted its position in JPMorgan Income ETF by 33.8% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 1,030 shares of the company’s stock worth $47,000 after purchasing an additional 260 shares during the last quarter.

JPMorgan Income ETF Stock Up 0.1 %

NYSEARCA JPIE opened at $45.95 on Monday. The company has a 50-day moving average price of $45.79 and a 200-day moving average price of $45.90. JPMorgan Income ETF has a 52 week low of $44.80 and a 52 week 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.