Addison Capital Co Acquires 8,677 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Addison Capital Co increased its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 102.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,110 shares of the company’s stock after purchasing an additional 8,677 shares during the quarter. Addison Capital Co owned approximately 0.06% of JPMorgan Income ETF worth $781,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of JPIE. Stifel Financial Corp lifted its position in shares of JPMorgan Income ETF by 27.9% in the 3rd quarter. Stifel Financial Corp now owns 12,088 shares of the company’s stock worth $561,000 after purchasing an additional 2,634 shares during the period. Lodestar Private Asset Management LLC raised its stake in JPMorgan Income ETF by 14.9% during the fourth quarter. Lodestar Private Asset Management LLC now owns 222,475 shares of the company’s stock worth $10,149,000 after buying an additional 28,825 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in 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 valued at $81,285,000 after buying an additional 144,345 shares during the period. HighTower Advisors LLC boosted its position in JPMorgan Income ETF by 18.5% during the third quarter. HighTower Advisors LLC now owns 12,456 shares of the company’s stock valued at $578,000 after acquiring an additional 1,947 shares during the last quarter. Finally, MorganRosel Wealth Management LLC grew its holdings in JPMorgan Income ETF by 2.9% during the 4th quarter. MorganRosel Wealth Management LLC now owns 58,245 shares of the company’s stock worth $2,657,000 after acquiring an additional 1,657 shares during the period.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA:JPIE opened at $45.93 on Monday. JPMorgan Income ETF has a 1 year low of $44.80 and a 1 year high of $46.43. The business’s 50-day moving average is $45.86 and its 200-day moving average 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.