Duncan Williams Asset Management LLC Makes New Investment in JPMorgan Income ETF $JPIE

Duncan Williams Asset Management LLC acquired a new stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 94,659 shares of the company’s stock, valued at approximately $4,385,000. Duncan Williams Asset Management LLC owned about 0.10% of JPMorgan Income ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. SeaCrest Wealth Management LLC boosted its holdings in shares of JPMorgan Income ETF by 4.1% in the 1st quarter. SeaCrest Wealth Management LLC now owns 6,015 shares of the company’s stock valued at $277,000 after purchasing an additional 235 shares during the last quarter. Patriot Financial Group Insurance Agency LLC boosted its holdings in JPMorgan Income ETF by 23.1% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 59,000 shares of the company’s stock valued at $2,718,000 after acquiring an additional 11,056 shares during the last quarter. NavPoint Financial Inc. grew its position in JPMorgan Income ETF by 36.4% during the first quarter. NavPoint Financial Inc. now owns 215,099 shares of the company’s stock valued at $9,910,000 after acquiring an additional 57,397 shares during the period. Centricity Wealth Management LLC increased its stake in JPMorgan Income ETF by 245.4% during the first quarter. Centricity Wealth Management LLC now owns 753 shares of the company’s stock worth $35,000 after acquiring an additional 535 shares during the last quarter. Finally, Daymark Wealth Partners LLC raised its holdings in shares of JPMorgan Income ETF by 33.0% in the 1st quarter. Daymark Wealth Partners LLC now owns 303,340 shares of the company’s stock worth $13,975,000 after purchasing an additional 75,340 shares during the period.

JPMorgan Income ETF Price Performance

Shares of JPIE stock opened at $46.27 on Monday. JPMorgan Income ETF has a 52 week low of $45.01 and a 52 week high of $46.57. The company’s fifty day simple moving average is $46.37 and its 200-day simple moving average is $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.