Krilogy Financial LLC Takes $2.75 Million Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Krilogy Financial LLC acquired a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 59,763 shares of the company’s stock, valued at approximately $2,753,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. SeaCrest Wealth Management LLC lifted its holdings in shares of JPMorgan Income ETF by 4.1% in the 1st quarter. SeaCrest Wealth Management LLC now owns 6,015 shares of the company’s stock valued at $277,000 after buying an additional 235 shares during the period. HighTower Advisors LLC lifted its holdings in shares of JPMorgan Income ETF by 2.0% in the 4th quarter. HighTower Advisors LLC now owns 12,704 shares of the company’s stock valued at $580,000 after buying an additional 248 shares during the period. Comerica Bank lifted its holdings in shares of JPMorgan Income ETF by 7.0% in the 4th quarter. Comerica Bank now owns 6,475 shares of the company’s stock valued at $295,000 after buying an additional 421 shares during the period. IFP Advisors Inc lifted its holdings in shares of JPMorgan Income ETF by 9.9% in the 4th quarter. IFP Advisors Inc now owns 5,755 shares of the company’s stock valued at $263,000 after buying an additional 519 shares during the period. Finally, Centricity Wealth Management LLC lifted its holdings in shares of JPMorgan Income ETF by 245.4% in the 1st quarter. Centricity Wealth Management LLC now owns 753 shares of the company’s stock valued at $35,000 after buying an additional 535 shares during the period.

JPMorgan Income ETF Price Performance

Shares of JPIE stock opened at $45.91 on Friday. The business has a 50-day simple moving average of $45.74 and a 200-day simple moving average of $45.82. JPMorgan Income ETF has a 52-week low of $45.01 and a 52-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.