295,889 Shares in JPMorgan Income ETF (NYSEARCA:JPIE) Acquired by Planned Solutions Inc.

Planned Solutions Inc. purchased a new position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 295,889 shares of the company’s stock, valued at approximately $13,495,000. JPMorgan Income ETF accounts for 6.3% of Planned Solutions Inc.’s holdings, making the stock its 4th biggest position.

Other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada purchased a new stake in shares of JPMorgan Income ETF in the second quarter worth approximately $28,000. IFP Advisors Inc bought a new position in shares of JPMorgan Income ETF in the second quarter valued at approximately $30,000. UBS Group AG bought a new position in shares of JPMorgan Income ETF in the first quarter valued at approximately $32,000. Money Concepts Capital Corp grew its holdings in shares of JPMorgan Income ETF by 651.5% in the fourth quarter. Money Concepts Capital Corp now owns 977 shares of the company’s stock valued at $44,000 after acquiring an additional 847 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new position in shares of JPMorgan Income ETF in the first quarter valued at approximately $67,000.

JPMorgan Income ETF Stock Up 0.2 %

JPIE stock opened at $45.55 on Thursday. The business has a 50 day moving average of $45.42 and a 200-day moving average of $44.97. JPMorgan Income ETF has a 12-month low of $43.72 and a 12-month high of $46.05.

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.