JPMorgan Income ETF $JPIE Shares Purchased by Altus Wealth Management LLC

Altus Wealth Management LLC raised its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 1.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 40,201 shares of the company’s stock after acquiring an additional 419 shares during the quarter. JPMorgan Income ETF makes up about 0.9% of Altus Wealth Management LLC’s portfolio, making the stock its 10th largest holding. Altus Wealth Management LLC’s holdings in JPMorgan Income ETF were worth $1,862,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of JPIE. Focus Partners Wealth grew its holdings in JPMorgan Income ETF by 72.6% in the first quarter. Focus Partners Wealth now owns 99,990 shares of the company’s stock worth $4,607,000 after purchasing an additional 42,063 shares during the period. Peoples Bank OH lifted its stake in shares of JPMorgan Income ETF by 7.1% in the first quarter. Peoples Bank OH now owns 53,476 shares of the company’s stock valued at $2,464,000 after buying an additional 3,553 shares in the last quarter. Waterfront Wealth Inc. lifted its stake in shares of JPMorgan Income ETF by 20.3% in the first quarter. Waterfront Wealth Inc. now owns 17,014 shares of the company’s stock valued at $784,000 after buying an additional 2,867 shares in the last quarter. DAVENPORT & Co LLC lifted its stake in shares of JPMorgan Income ETF by 62.7% in the first quarter. DAVENPORT & Co LLC now owns 27,216 shares of the company’s stock valued at $1,254,000 after buying an additional 10,489 shares in the last quarter. Finally, Peterson Wealth Advisors LLC bought a new position in shares of JPMorgan Income ETF in the first quarter valued at $682,000.

JPMorgan Income ETF Price Performance

JPMorgan Income ETF stock opened at $46.43 on Friday. JPMorgan Income ETF has a 1-year low of $45.01 and a 1-year high of $46.57. The firm’s fifty day moving average price is $46.35 and its two-hundred day moving average price is $46.04.

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.