Bridgewealth Advisory Group LLC Buys 56,539 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Bridgewealth Advisory Group LLC increased its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 494.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,982 shares of the company’s stock after buying an additional 56,539 shares during the quarter. JPMorgan Income ETF accounts for 1.5% of Bridgewealth Advisory Group LLC’s investment portfolio, making the stock its 23rd largest holding. Bridgewealth Advisory Group LLC’s holdings in JPMorgan Income ETF were worth $3,097,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of JPIE. CENTRAL TRUST Co boosted its holdings in JPMorgan Income ETF by 104.6% during the 4th quarter. CENTRAL TRUST Co now owns 673 shares of the company’s stock worth $31,000 after acquiring an additional 344 shares during the last quarter. Iron Horse Wealth Management LLC bought a new position in shares of JPMorgan Income ETF during the fourth quarter valued at about $36,000. JFS Wealth Advisors LLC boosted its holdings in JPMorgan Income ETF by 12.0% during the fourth quarter. JFS Wealth Advisors LLC now owns 4,200 shares of the company’s stock worth $192,000 after purchasing an additional 450 shares during the last quarter. G&S Capital LLC bought a new stake in JPMorgan Income ETF in the 4th quarter worth about $205,000. Finally, Indie Asset Partners LLC purchased a new stake in JPMorgan Income ETF in the 4th quarter valued at about $205,000.

JPMorgan Income ETF Price Performance

Shares of JPMorgan Income ETF stock traded down $0.06 during mid-day trading on Monday, hitting $45.17. 137,759 shares of the stock were exchanged, compared to its average volume of 207,564. JPMorgan Income ETF has a 12 month low of $43.72 and a 12 month high of $45.88. The company has a 50-day simple moving average of $45.27 and a 200 day simple moving average of $45.35.

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.