Firethorn Wealth Partners LLC Grows Stock Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Firethorn Wealth Partners LLC increased its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 22.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,368 shares of the company’s stock after purchasing an additional 979 shares during the quarter. Firethorn Wealth Partners LLC’s holdings in JPMorgan Income ETF were worth $247,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Southeast Asset Advisors LLC boosted its stake in shares of JPMorgan Income ETF by 89.4% in the 4th quarter. Southeast Asset Advisors LLC now owns 8,195 shares of the company’s stock valued at $374,000 after buying an additional 3,869 shares during the period. Lodestar Private Asset Management LLC raised its holdings in JPMorgan Income ETF by 14.9% in the fourth quarter. Lodestar Private Asset Management LLC now owns 222,475 shares of the company’s stock valued at $10,149,000 after acquiring an additional 28,825 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake 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 worth $81,285,000 after acquiring an additional 144,345 shares during the last quarter. Comerica Bank grew its holdings in JPMorgan Income ETF by 7.0% during the 4th quarter. Comerica Bank now owns 6,475 shares of the company’s stock worth $295,000 after acquiring an additional 421 shares in the last quarter. Finally, HighTower Advisors LLC grew its holdings in JPMorgan Income ETF by 2.0% during the 4th quarter. HighTower Advisors LLC now owns 12,704 shares of the company’s stock worth $580,000 after acquiring an additional 248 shares in the last quarter.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA:JPIE opened at $45.83 on Wednesday. JPMorgan Income ETF has a 52 week low of $45.01 and a 52 week high of $46.43. The company’s 50 day moving average is $45.74 and its two-hundred day moving average is $45.81.

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.