Beckerman Institutional LLC Increases Stock Holdings in JPMorgan Income ETF $JPIE

Beckerman Institutional LLC lifted its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 9.7% in the second quarter, Holdings Channel.com reports. The firm owned 50,404 shares of the company’s stock after buying an additional 4,460 shares during the period. JPMorgan Income ETF comprises about 1.6% of Beckerman Institutional LLC’s holdings, making the stock its 16th biggest position. Beckerman Institutional LLC’s holdings in JPMorgan Income ETF were worth $2,335,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of JPIE. Envestnet Asset Management Inc. boosted its holdings in shares of JPMorgan Income ETF by 83.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,598,821 shares of the company’s stock worth $74,057,000 after purchasing an additional 726,850 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in shares of JPMorgan Income ETF by 24.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 2,695,517 shares of the company’s stock worth $124,856,000 after purchasing an additional 536,335 shares during the period. Obsidian Personal Planning Solutions LLC purchased a new position in shares of JPMorgan Income ETF in the 1st quarter worth approximately $12,841,000. Cary Street Partners Financial LLC boosted its holdings in shares of JPMorgan Income ETF by 43.1% in the 1st quarter. Cary Street Partners Financial LLC now owns 890,293 shares of the company’s stock worth $41,016,000 after purchasing an additional 268,092 shares during the period. Finally, Kingsview Wealth Management LLC boosted its holdings in shares of JPMorgan Income ETF by 565.2% in the 1st quarter. Kingsview Wealth Management LLC now owns 245,793 shares of the company’s stock worth $11,324,000 after purchasing an additional 208,841 shares during the period.

JPMorgan Income ETF Trading Up 0.0%

Shares of JPMorgan Income ETF stock opened at $46.20 on Wednesday. The stock has a 50 day moving average price of $46.40 and a 200-day moving average price of $46.15. JPMorgan Income ETF has a one year low of $45.01 and a one year high of $46.57.

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.