Modera Wealth Management LLC Buys Shares of 36,930 JPMorgan Income ETF (NYSEARCA:JPIE)

Modera Wealth Management LLC purchased a new position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 36,930 shares of the company’s stock, valued at approximately $1,685,000. Modera Wealth Management LLC owned approximately 0.13% of JPMorgan Income ETF at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of JPIE. Stifel Financial Corp grew its stake in JPMorgan Income ETF by 27.9% in the 3rd quarter. Stifel Financial Corp now owns 12,088 shares of the company’s stock worth $561,000 after acquiring an additional 2,634 shares during the period. Lodestar Private Asset Management LLC boosted its holdings in shares of JPMorgan Income ETF by 14.9% during the fourth 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 during the last quarter. HighTower Advisors LLC grew its position in shares of JPMorgan Income ETF by 18.5% in the third quarter. HighTower Advisors LLC now owns 12,456 shares of the company’s stock valued at $578,000 after purchasing an additional 1,947 shares during the period. MorganRosel Wealth Management LLC increased its stake in JPMorgan Income ETF by 2.9% in the fourth quarter. MorganRosel Wealth Management LLC now owns 58,245 shares of the company’s stock valued at $2,657,000 after purchasing an additional 1,657 shares during the last quarter. Finally, MML Investors Services LLC lifted its position in JPMorgan Income ETF by 10.9% during the third quarter. MML Investors Services LLC now owns 108,450 shares of the company’s stock worth $5,031,000 after buying an additional 10,643 shares during the period.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA:JPIE opened at $45.99 on Tuesday. JPMorgan Income ETF has a 12-month low of $44.80 and a 12-month high of $46.43. The stock’s 50-day moving average price is $45.82 and its two-hundred day moving average price is $45.91.

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.