Transform Wealth LLC Raises Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Transform Wealth LLC increased its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 4.7% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 5,148 shares of the company’s stock after purchasing an additional 231 shares during the period. Transform Wealth LLC’s holdings in JPMorgan Income ETF were worth $239,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. SeaCrest Wealth Management LLC acquired a new stake in shares of JPMorgan Income ETF during the third quarter worth about $204,000. MN Wealth Advisors LLC lifted its stake in JPMorgan Income ETF by 7.0% during the 3rd quarter. MN Wealth Advisors LLC now owns 78,561 shares of the company’s stock valued at $3,644,000 after acquiring an additional 5,130 shares during the period. Magnus Financial Group LLC boosted its holdings in shares of JPMorgan Income ETF by 7.8% in the 3rd quarter. Magnus Financial Group LLC now owns 284,521 shares of the company’s stock valued at $13,199,000 after acquiring an additional 20,604 shares during the last quarter. FMA Wealth Management LLC increased its stake in shares of JPMorgan Income ETF by 46.4% in the third quarter. FMA Wealth Management LLC now owns 242,222 shares of the company’s stock worth $11,237,000 after acquiring an additional 76,807 shares during the period. Finally, Fiduciary Alliance LLC raised its holdings in shares of JPMorgan Income ETF by 20.7% during the third quarter. Fiduciary Alliance LLC now owns 44,892 shares of the company’s stock worth $2,083,000 after purchasing an additional 7,697 shares during the last quarter.

JPMorgan Income ETF Trading Up 0.1 %

NYSEARCA JPIE opened at $46.05 on Thursday. The stock has a 50-day simple moving average of $46.07 and a two-hundred day simple moving average of $45.59. JPMorgan Income ETF has a fifty-two week low of $43.72 and a fifty-two week high of $46.43.

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.