International Assets Investment Management LLC Makes New Investment in JPMorgan Income ETF (NYSEARCA:JPIE)

International Assets Investment Management LLC bought a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,251 shares of the company’s stock, valued at approximately $696,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Stifel Financial Corp grew its position in shares of JPMorgan Income ETF by 27.9% during the 3rd quarter. Stifel Financial Corp now owns 12,088 shares of the company’s stock worth $561,000 after purchasing an additional 2,634 shares in the last quarter. Mount Yale Investment Advisors LLC boosted its stake in shares of JPMorgan Income ETF by 3.8% in the second quarter. Mount Yale Investment Advisors LLC now owns 266,769 shares of the company’s stock valued at $12,127,000 after buying an additional 9,848 shares during the period. HighTower Advisors LLC grew its position in JPMorgan Income ETF by 18.5% during the third quarter. HighTower Advisors LLC now owns 12,456 shares of the company’s stock worth $578,000 after buying an additional 1,947 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in JPMorgan Income ETF by 19.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 153,343 shares of the company’s stock worth $6,971,000 after acquiring an additional 24,537 shares during the period. Finally, Creative Planning acquired a new position in JPMorgan Income ETF in the 2nd quarter valued at $646,000.

JPMorgan Income ETF Price Performance

JPIE opened at $45.60 on Friday. JPMorgan Income ETF has a 52-week low of $44.80 and a 52-week high of $46.43. The business’s fifty day moving average is $45.76 and its 200-day moving average is $45.84.

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.