Schneider Downs Wealth Management Advisors LP Grows Stock Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Schneider Downs Wealth Management Advisors LP increased its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 8.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 146,916 shares of the company’s stock after buying an additional 11,016 shares during the quarter. JPMorgan Income ETF accounts for about 1.4% of Schneider Downs Wealth Management Advisors LP’s investment portfolio, making the stock its 19th largest position. Schneider Downs Wealth Management Advisors LP’s holdings in JPMorgan Income ETF were worth $6,815,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Cable Hill Partners LLC bought a new position in JPMorgan Income ETF in the 3rd quarter worth $216,000. D Orazio & Associates Inc. raised its stake in shares of JPMorgan Income ETF by 9.7% in the third quarter. D Orazio & Associates Inc. now owns 756,628 shares of the company’s stock worth $35,100,000 after buying an additional 67,039 shares during the period. Oppenheimer & Co. Inc. lifted its position in shares of JPMorgan Income ETF by 168.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 13,400 shares of the company’s stock valued at $622,000 after buying an additional 8,400 shares in the last quarter. Harbour Investments Inc. bought a new position in shares of JPMorgan Income ETF during the 3rd quarter valued at approximately $868,000. Finally, Sigma Planning Corp increased its holdings in JPMorgan Income ETF by 3.3% in the 3rd quarter. Sigma Planning Corp now owns 39,323 shares of the company’s stock worth $1,824,000 after acquiring an additional 1,256 shares in the last quarter.

JPMorgan Income ETF Stock Performance

NYSEARCA JPIE opened at $45.65 on Friday. JPMorgan Income ETF has a 12 month low of $44.53 and a 12 month high of $46.43. The company’s 50 day moving average is $46.01 and its two-hundred day moving average is $45.70.

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.