Envestnet Asset Management Inc. lifted its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 83.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,598,821 shares of the company’s stock after buying an additional 726,850 shares during the period. Envestnet Asset Management Inc.’s holdings in JPMorgan Income ETF were worth $74,057,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. LRI Investments LLC purchased a new position in shares of JPMorgan Income ETF during the 1st quarter valued at about $39,000. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of JPMorgan Income ETF by 58.5% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,460 shares of the company’s stock valued at $67,000 after purchasing an additional 539 shares in the last quarter. Iron Horse Wealth Management LLC boosted its stake in shares of JPMorgan Income ETF by 60.0% in the 1st quarter. Iron Horse Wealth Management LLC now owns 1,600 shares of the company’s stock valued at $74,000 after purchasing an additional 600 shares in the last quarter. Bartlett & CO. Wealth Management LLC purchased a new stake in shares of JPMorgan Income ETF in the 2nd quarter valued at $121,000. Finally, CWM LLC purchased a new stake in shares of JPMorgan Income ETF in the 1st quarter valued at $130,000.
JPMorgan Income ETF Stock Down 0.1%
Shares of JPMorgan Income ETF stock opened at $46.36 on Friday. JPMorgan Income ETF has a 52-week low of $45.01 and a 52-week high of $46.57. The company has a fifty day moving average of $46.40 and a 200-day moving average of $46.13.
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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