Focus Financial Network Inc. Has $11.18 Million Holdings in JPMorgan Income ETF (NYSEARCA:JPIE)

Focus Financial Network Inc. reduced its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 13.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 243,812 shares of the company’s stock after selling 36,467 shares during the quarter. Focus Financial Network Inc.’s holdings in JPMorgan Income ETF were worth $11,178,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Creative Planning acquired a new stake in shares of JPMorgan Income ETF during the second quarter worth $646,000. Cetera Investment Advisers raised its stake in JPMorgan Income ETF by 35.1% in the 2nd quarter. Cetera Investment Advisers now owns 43,437 shares of the company’s stock worth $1,975,000 after purchasing an additional 11,295 shares in the last quarter. Fiduciary Alliance LLC boosted its holdings in JPMorgan Income ETF by 20.7% in the 3rd quarter. Fiduciary Alliance LLC now owns 44,892 shares of the company’s stock valued at $2,083,000 after purchasing an additional 7,697 shares during the period. FMA Wealth Management LLC grew its position in shares of JPMorgan Income ETF by 46.4% during the 3rd quarter. FMA Wealth Management LLC now owns 242,222 shares of the company’s stock worth $11,237,000 after purchasing an additional 76,807 shares in the last quarter. Finally, Magnus Financial Group LLC raised its position in shares of JPMorgan Income ETF by 7.8% in the third quarter. Magnus Financial Group LLC now owns 284,521 shares of the company’s stock valued at $13,199,000 after buying an additional 20,604 shares in the last quarter.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA:JPIE opened at $45.83 on Tuesday. The business’s 50 day simple moving average is $45.78 and its 200 day simple moving average is $45.89. JPMorgan Income ETF has a 1 year low of $44.80 and a 1 year high of $46.43.

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.