Element Wealth LLC Makes New Investment in JPMorgan Income ETF (NYSEARCA:JPIE)

Element Wealth LLC purchased a new stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 18,692 shares of the company’s stock, valued at approximately $853,000. Element Wealth LLC owned about 0.06% of JPMorgan Income ETF at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. MidAtlantic Capital Management Inc. bought a new stake in JPMorgan Income ETF in the fourth quarter worth approximately $35,000. Private Trust Co. NA acquired a new stake in shares of JPMorgan Income ETF in the 3rd quarter valued at $36,000. Wilmington Savings Fund Society FSB bought a new stake in JPMorgan Income ETF in the third quarter worth $38,000. LGT Financial Advisors LLC increased its position in JPMorgan Income ETF by 75.4% during the third 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 last quarter. Finally, Newbridge Financial Services Group Inc. raised its holdings in JPMorgan Income ETF by 33.8% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 1,030 shares of the company’s stock valued at $47,000 after buying an additional 260 shares in the last quarter.

JPMorgan Income ETF Trading Up 0.1 %

JPIE opened at $45.95 on Friday. The stock has a 50-day moving average of $45.79 and a 200-day moving average of $45.89. JPMorgan Income ETF has a 52-week low of $44.80 and a 52-week high of $46.43.

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.