Greenwich Wealth Management LLC Acquires Shares of 20,633 JPMorgan Income ETF (NYSEARCA:JPIE)

Greenwich Wealth Management LLC acquired a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 20,633 shares of the company’s stock, valued at approximately $941,000.

Other hedge funds also recently bought and sold shares of the company. MidAtlantic Capital Management Inc. bought a new position in JPMorgan Income ETF in the 4th quarter valued at $35,000. Private Trust Co. NA bought a new position in JPMorgan Income ETF in the 3rd quarter valued at $36,000. Wilmington Savings Fund Society FSB bought a new position in JPMorgan Income ETF in the 3rd quarter valued at $38,000. Newbridge Financial Services Group Inc. grew its position in JPMorgan Income ETF by 33.8% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 1,030 shares of the company’s stock valued at $47,000 after acquiring an additional 260 shares during the last quarter. Finally, Sunbelt Securities Inc. bought a new position in JPMorgan Income ETF in the 3rd quarter valued at $65,000.

JPMorgan Income ETF Price Performance

Shares of JPMorgan Income ETF stock opened at $45.93 on Friday. JPMorgan Income ETF has a 52 week low of $44.80 and a 52 week high of $46.43. The stock’s fifty day moving average is $45.86 and its two-hundred day moving average 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.