HUB Investment Partners LLC Has $1.89 Million Holdings in JPMorgan Income ETF (NYSEARCA:JPIE)

HUB Investment Partners LLC lowered its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 6.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 41,480 shares of the company’s stock after selling 2,937 shares during the quarter. HUB Investment Partners LLC’s holdings in JPMorgan Income ETF were worth $1,892,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. HighTower Advisors LLC lifted its position in shares of JPMorgan Income ETF by 2.0% in the fourth quarter. HighTower Advisors LLC now owns 12,704 shares of the company’s stock worth $580,000 after buying an additional 248 shares during the last quarter. Confluence Wealth Services Inc. lifted its position in shares of JPMorgan Income ETF by 4.6% during the 4th quarter. Confluence Wealth Services Inc. now owns 5,675 shares of the company’s stock worth $260,000 after purchasing an additional 251 shares during the last quarter. Newbridge Financial Services Group Inc. lifted its position in shares of JPMorgan Income ETF by 33.8% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 1,030 shares of the company’s stock worth $47,000 after purchasing an additional 260 shares during the last quarter. Legacy Financial Strategies LLC lifted its position in shares of JPMorgan Income ETF by 5.0% during the 4th quarter. Legacy Financial Strategies LLC now owns 6,920 shares of the company’s stock worth $316,000 after purchasing an additional 332 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC lifted its position in shares of JPMorgan Income ETF by 0.7% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 56,815 shares of the company’s stock worth $2,592,000 after purchasing an additional 400 shares during the last quarter.

JPMorgan Income ETF Price Performance

NYSEARCA JPIE opened at $46.01 on Friday. JPMorgan Income ETF has a twelve month low of $44.80 and a twelve month high of $46.43. The stock has a 50-day simple moving average of $45.89 and a 200 day simple moving average of $45.90.

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.