JPMorgan Income ETF (NYSEARCA:JPIE) Shares Bought by Altus Wealth Management LLC

Altus Wealth Management LLC grew its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 21.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,584 shares of the company’s stock after purchasing an additional 6,220 shares during the period. JPMorgan Income ETF makes up about 0.8% of Altus Wealth Management LLC’s holdings, making the stock its 14th biggest position. Altus Wealth Management LLC owned approximately 0.12% of JPMorgan Income ETF worth $1,651,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JPIE. Financial Gravity Asset Management Inc. acquired a new position in JPMorgan Income ETF during the 2nd quarter worth approximately $26,000. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of JPMorgan Income ETF by 95.1% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 921 shares of the company’s stock worth $42,000 after acquiring an additional 449 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of JPMorgan Income ETF by 63.6% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,456 shares of the company’s stock worth $66,000 after acquiring an additional 566 shares during the period. Mascoma Wealth Management LLC grew its holdings in shares of JPMorgan Income ETF by 84.4% in the 2nd quarter. Mascoma Wealth Management LLC now owns 2,185 shares of the company’s stock worth $99,000 after acquiring an additional 1,000 shares during the period. Finally, Insight Wealth Partners LLC acquired a new stake in shares of JPMorgan Income ETF in the 2nd quarter worth approximately $203,000.

JPMorgan Income ETF Price Performance

NYSEARCA:JPIE traded down $0.04 during trading hours on Friday, reaching $46.02. 8,130 shares of the company traded hands, compared to its average volume of 242,095. The firm’s 50-day moving average is $46.08 and its 200-day moving average is $45.59. JPMorgan Income ETF has a 1-year low of $43.74 and a 1-year high of $46.43.

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.