Commonwealth Equity Services LLC Buys 9,784 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Commonwealth Equity Services LLC grew its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 7.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 138,287 shares of the company’s stock after acquiring an additional 9,784 shares during the quarter. Commonwealth Equity Services LLC owned 0.48% of JPMorgan Income ETF worth $6,309,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in JPIE. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Income ETF by 142.3% in the third quarter. JPMorgan Chase & Co. now owns 4,929,890 shares of the company’s stock worth $228,698,000 after purchasing an additional 2,894,852 shares during the last quarter. Heritage Financial Services LLC raised its stake in shares of JPMorgan Income ETF by 3.7% in the fourth quarter. Heritage Financial Services LLC now owns 2,454,191 shares of the company’s stock worth $111,960,000 after purchasing an additional 87,743 shares during the last quarter. Savant Capital LLC raised its stake in shares of JPMorgan Income ETF by 39.2% in the fourth quarter. Savant Capital LLC now owns 1,921,630 shares of the company’s stock worth $87,665,000 after purchasing an additional 540,676 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of JPMorgan Income ETF by 8.8% in the fourth quarter. Sequoia Financial Advisors LLC now owns 1,781,776 shares of the company’s stock worth $81,285,000 after purchasing an additional 144,345 shares during the last quarter. Finally, Syntegra Private Wealth Group LLC raised its stake in shares of JPMorgan Income ETF by 4.7% in the fourth quarter. Syntegra Private Wealth Group LLC now owns 924,601 shares of the company’s stock worth $42,180,000 after purchasing an additional 41,502 shares during the last quarter.

JPMorgan Income ETF Stock Performance

JPIE stock opened at $46.02 on Friday. JPMorgan Income ETF has a 1-year low of $44.80 and a 1-year high of $46.43. The business has a fifty day moving average price of $45.90 and a 200-day moving average price of $45.90.

About JPMorgan Income ETF

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.