Axis Wealth Partners LLC Takes $524,000 Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Axis Wealth Partners LLC bought a new position in JPMorgan Income ETF (NYSEARCA:JPIE) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 11,487 shares of the company’s stock, valued at approximately $524,000.

Several other hedge funds have also modified their holdings of the stock. MidAtlantic Capital Management Inc. purchased a new stake in shares of JPMorgan Income ETF during the 4th quarter valued at $35,000. Private Trust Co. NA purchased a new stake in JPMorgan Income ETF during the third quarter valued at about $36,000. Wilmington Savings Fund Society FSB acquired a new stake in JPMorgan Income ETF during the third quarter worth about $38,000. Newbridge Financial Services Group Inc. increased its stake in JPMorgan Income ETF by 33.8% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 1,030 shares of the company’s stock worth $47,000 after acquiring an additional 260 shares during the last quarter. Finally, Sunbelt Securities Inc. acquired a new position in shares of JPMorgan Income ETF in the 3rd quarter valued at about $65,000.

JPMorgan Income ETF Stock Up 0.0 %

Shares of JPIE stock opened at $45.95 on Friday. JPMorgan Income ETF has a fifty-two week low of $44.80 and a fifty-two week high of $46.43. The firm’s 50 day moving average price is $45.84 and its two-hundred day moving average price is $45.91.

JPMorgan Income ETF 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.