Geneos Wealth Management Inc. raised its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 148.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 243,851 shares of the company’s stock after acquiring an additional 145,523 shares during the period. Geneos Wealth Management Inc. owned approximately 0.26% of JPMorgan Income ETF worth $11,295,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also recently modified their holdings of JPIE. Parkworth Wealth Management Inc. bought a new stake in JPMorgan Income ETF in the second quarter worth $29,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of JPMorgan Income ETF in the 2nd quarter worth $62,000. EverSource Wealth Advisors LLC increased its holdings in shares of JPMorgan Income ETF by 26.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $76,000 after buying an additional 343 shares during the last quarter. Bartlett & CO. Wealth Management LLC purchased a new stake in shares of JPMorgan Income ETF during the 2nd quarter valued at about $121,000. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of JPMorgan Income ETF during the 2nd quarter valued at about $167,000.
JPMorgan Income ETF Trading Up 0.0%
JPIE opened at $46.29 on Friday. JPMorgan Income ETF has a 12 month low of $45.01 and a 12 month high of $46.57. The stock has a 50-day moving average of $46.31 and a 200 day moving average of $46.25.
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.
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