NewEdge Wealth LLC Boosts Stock Holdings in JPMorgan Income ETF (NYSEARCA:JPIE)

NewEdge Wealth LLC grew its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 1.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 307,759 shares of the company’s stock after buying an additional 5,599 shares during the quarter. NewEdge Wealth LLC’s holdings in JPMorgan Income ETF were worth $14,040,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in JPMorgan Income ETF by 142.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,929,890 shares of the company’s stock valued at $228,698,000 after acquiring an additional 2,894,852 shares in the last quarter. Savant Capital LLC grew its position in shares of JPMorgan Income ETF by 39.2% in the fourth quarter. Savant Capital LLC now owns 1,921,630 shares of the company’s stock valued at $87,665,000 after purchasing an additional 540,676 shares in the last quarter. Planned Solutions Inc. grew its position in shares of JPMorgan Income ETF by 47.5% in the fourth quarter. Planned Solutions Inc. now owns 461,898 shares of the company’s stock valued at $21,072,000 after purchasing an additional 148,726 shares in the last quarter. BankPlus Wealth Management LLC acquired a new stake in shares of JPMorgan Income ETF in the fourth quarter valued at approximately $6,355,000. Finally, Wealth Enhancement Advisory Services LLC lifted its position in JPMorgan Income ETF by 1,686.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 132,079 shares of the company’s stock worth $6,127,000 after buying an additional 124,684 shares in the last quarter.

JPMorgan Income ETF Stock Performance

Shares of NYSEARCA:JPIE 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 business has a fifty day moving average of $45.80 and a two-hundred 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.