Schneider Downs Wealth Management Advisors LP Has $8.20 Million Holdings in JPMorgan Income ETF (NYSEARCA:JPIE)

Schneider Downs Wealth Management Advisors LP raised its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 22.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 179,657 shares of the company’s stock after purchasing an additional 32,741 shares during the quarter. JPMorgan Income ETF makes up approximately 1.5% of Schneider Downs Wealth Management Advisors LP’s investment portfolio, making the stock its 15th largest holding. Schneider Downs Wealth Management Advisors LP’s holdings in JPMorgan Income ETF were worth $8,196,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. MidAtlantic Capital Management Inc. acquired a new stake in shares of JPMorgan Income ETF during the 4th quarter worth approximately $35,000. Private Trust Co. NA acquired a new stake in shares of JPMorgan Income ETF during the 3rd quarter worth approximately $36,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of JPMorgan Income ETF during the 3rd quarter worth approximately $38,000. LGT Financial Advisors LLC grew its position in shares of JPMorgan Income ETF by 75.4% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,019 shares of the company’s stock worth $47,000 after buying an additional 438 shares during the period. Finally, Newbridge Financial Services Group Inc. grew its position in shares of JPMorgan Income ETF by 33.8% during 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 period.

JPMorgan Income ETF Stock Up 0.1 %

Shares of JPIE stock opened at $46.11 on Thursday. JPMorgan Income ETF has a 52 week low of $44.80 and a 52 week high of $46.43. The firm has a 50 day moving average of $45.80 and a 200-day moving average of $45.90.

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.