NewEdge Wealth LLC Purchases Shares of 11,650 JPMorgan Income ETF (NYSEARCA:JPIE)

NewEdge Wealth LLC acquired a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) during the 4th quarter, Holdings Channel reports. The firm acquired 11,650 shares of the company’s stock, valued at approximately $531,000.

A number of other hedge funds have also recently made changes to their positions in the business. Signet Financial Management LLC increased its holdings in JPMorgan Income ETF by 5.4% in the 3rd quarter. Signet Financial Management LLC now owns 4,978 shares of the company’s stock valued at $221,000 after acquiring an additional 253 shares during the last quarter. CENTRAL TRUST Co boosted its holdings in shares of JPMorgan Income ETF by 104.6% during the 4th quarter. CENTRAL TRUST Co now owns 673 shares of the company’s stock valued at $31,000 after purchasing an additional 344 shares during the last quarter. U.S. Capital Wealth Advisors LLC grew its position in shares of JPMorgan Income ETF by 0.8% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 50,871 shares of the company’s stock valued at $2,259,000 after purchasing an additional 401 shares in the last quarter. Armor Investment Advisors LLC increased its holdings in shares of JPMorgan Income ETF by 0.5% in the third quarter. Armor Investment Advisors LLC now owns 97,128 shares of the company’s stock worth $4,312,000 after purchasing an additional 481 shares during the last quarter. Finally, Fortress Wealth Group LLC lifted its position in shares of JPMorgan Income ETF by 5.5% in the fourth quarter. Fortress Wealth Group LLC now owns 10,210 shares of the company’s stock worth $464,000 after buying an additional 531 shares in the last quarter.

JPMorgan Income ETF Price Performance

Shares of JPMorgan Income ETF stock opened at $44.84 on Wednesday. The stock has a 50 day moving average of $45.32 and a 200 day moving average of $45.04. JPMorgan Income ETF has a 12 month low of $43.72 and a 12 month high of $46.05.

JPMorgan Income ETF Company 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.