JPMorgan Income ETF $JPIE Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers grew its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 82.9% during the 2nd quarter, Holdings Channel reports. The firm owned 405,877 shares of the company’s stock after purchasing an additional 183,957 shares during the quarter. Cetera Investment Advisers’ holdings in JPMorgan Income ETF were worth $18,800,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Bartlett & CO. Wealth Management LLC acquired a new position in shares of JPMorgan Income ETF during the 2nd quarter worth about $121,000. CWM LLC purchased a new stake in JPMorgan Income ETF during the 1st quarter worth approximately $130,000. Ameritas Advisory Services LLC purchased a new stake in JPMorgan Income ETF during the 2nd quarter worth approximately $167,000. GWN Securities Inc. acquired a new position in shares of JPMorgan Income ETF during the second quarter valued at approximately $202,000. Finally, Novem Group acquired a new position in shares of JPMorgan Income ETF during the second quarter valued at approximately $209,000.

JPMorgan Income ETF Stock Up 0.0%

Shares of NYSEARCA:JPIE opened at $46.26 on Wednesday. The business’s 50 day moving average price is $46.35 and its 200-day moving average price is $46.18. JPMorgan Income ETF has a 1 year low of $45.01 and a 1 year high of $46.57.

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.