Blue Chip Partners LLC Has $7.44 Million Stake in JPMorgan Income ETF (NYSEARCA:JPIE)

Blue Chip Partners LLC boosted its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 8.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 163,178 shares of the company’s stock after acquiring an additional 12,113 shares during the quarter. Blue Chip Partners LLC owned 0.57% of JPMorgan Income ETF worth $7,444,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Stifel Financial Corp increased its position in shares of JPMorgan Income ETF by 27.9% during the 3rd quarter. Stifel Financial Corp now owns 12,088 shares of the company’s stock worth $561,000 after purchasing an additional 2,634 shares in the last quarter. Lodestar Private Asset Management LLC increased its holdings in shares of JPMorgan Income ETF by 14.9% during the fourth quarter. Lodestar Private Asset Management LLC now owns 222,475 shares of the company’s stock worth $10,149,000 after buying an additional 28,825 shares in the last quarter. HighTower Advisors LLC boosted its holdings in shares of JPMorgan Income ETF by 18.5% in the 3rd quarter. HighTower Advisors LLC now owns 12,456 shares of the company’s stock worth $578,000 after acquiring an additional 1,947 shares in the last quarter. MML Investors Services LLC grew its position in JPMorgan Income ETF by 10.9% during the 3rd quarter. MML Investors Services LLC now owns 108,450 shares of the company’s stock worth $5,031,000 after acquiring an additional 10,643 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its position in JPMorgan Income ETF by 14.6% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 15,900 shares of the company’s stock valued at $738,000 after purchasing an additional 2,021 shares during the last quarter.

JPMorgan Income ETF Stock Performance

Shares of JPIE stock opened at $45.90 on Monday. The stock’s fifty day moving average is $45.79 and its 200-day moving average is $45.89. JPMorgan Income ETF has a 52 week low of $44.80 and a 52 week high of $46.43.

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.