Richard W. Paul & Associates LLC Has $8.80 Million Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Richard W. Paul & Associates LLC lifted its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 662.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 189,777 shares of the company’s stock after purchasing an additional 164,879 shares during the period. JPMorgan Income ETF accounts for about 3.2% of Richard W. Paul & Associates LLC’s holdings, making the stock its 6th biggest position. Richard W. Paul & Associates LLC owned approximately 0.66% of JPMorgan Income ETF worth $8,804,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Transform Wealth LLC boosted its position in JPMorgan Income ETF by 4.7% in the third quarter. Transform Wealth LLC now owns 5,148 shares of the company’s stock worth $239,000 after purchasing an additional 231 shares during the last quarter. U.S. Capital Wealth Advisors LLC boosted its holdings in shares of JPMorgan Income ETF by 0.5% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 52,313 shares of the company’s stock worth $2,378,000 after buying an additional 242 shares during the last quarter. Security Financial Services INC. grew its position in JPMorgan Income ETF by 6.2% during the first quarter. Security Financial Services INC. now owns 6,301 shares of the company’s stock valued at $287,000 after buying an additional 368 shares during the period. Whittier Trust Co. of Nevada Inc. grew its position in JPMorgan Income ETF by 95.1% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 921 shares of the company’s stock valued at $42,000 after buying an additional 449 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in JPMorgan Income ETF by 63.6% during the first quarter. EverSource Wealth Advisors LLC now owns 1,456 shares of the company’s stock worth $66,000 after buying an additional 566 shares during the last quarter.

JPMorgan Income ETF Stock Performance

JPIE opened at $46.06 on Friday. JPMorgan Income ETF has a twelve month low of $43.74 and a twelve month high of $46.43. The company’s 50-day moving average price is $46.08 and its two-hundred day moving average price is $45.60.

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.