JPMorgan Income ETF (NYSEARCA:JPIE) Shares Purchased by Magnus Financial Group LLC

Magnus Financial Group LLC lifted its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 7.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 284,521 shares of the company’s stock after acquiring an additional 20,604 shares during the period. JPMorgan Income ETF makes up 1.3% of Magnus Financial Group LLC’s portfolio, making the stock its 14th biggest position. Magnus Financial Group LLC owned about 0.99% of JPMorgan Income ETF worth $13,199,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Mount Yale Investment Advisors LLC raised its stake in JPMorgan Income ETF by 3.8% during the second quarter. Mount Yale Investment Advisors LLC now owns 266,769 shares of the company’s stock worth $12,127,000 after acquiring an additional 9,848 shares during the period. Cooper Financial Group boosted its holdings in shares of JPMorgan Income ETF by 21.8% in the first quarter. Cooper Financial Group now owns 27,736 shares of the company’s stock valued at $1,264,000 after acquiring an additional 4,955 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of JPMorgan Income ETF by 43.9% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 22,133 shares of the company’s stock valued at $1,006,000 after acquiring an additional 6,754 shares during the period. Scott Capital Advisors LLC lifted its position in JPMorgan Income ETF by 15.8% in the first quarter. Scott Capital Advisors LLC now owns 333,930 shares of the company’s stock worth $15,114,000 after purchasing an additional 45,518 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its position in JPMorgan Income ETF by 21.3% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 36,175 shares of the company’s stock worth $1,645,000 after purchasing an additional 6,363 shares during the period.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA:JPIE traded up $0.04 on Tuesday, reaching $46.02. 252,588 shares of the company traded hands, compared to its average volume of 237,325. JPMorgan Income ETF has a fifty-two week low of $43.72 and a fifty-two week high of $46.43. The company’s 50 day moving average is $46.06 and its 200-day moving average is $45.58.

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.