HBW Advisory Services LLC Grows Stock Position in JPMorgan Income ETF (NYSEARCA:JPIE)

HBW Advisory Services LLC boosted its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 22.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 41,810 shares of the company’s stock after acquiring an additional 7,676 shares during the quarter. HBW Advisory Services LLC owned about 0.15% of JPMorgan Income ETF worth $1,907,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in JPIE. JPMorgan Chase & Co. increased its position in shares of JPMorgan Income ETF by 142.3% in the third quarter. JPMorgan Chase & Co. now owns 4,929,890 shares of the company’s stock valued at $228,698,000 after buying an additional 2,894,852 shares in the last quarter. Richard W. Paul & Associates LLC boosted its stake in shares of JPMorgan Income ETF by 662.2% during the third quarter. Richard W. Paul & Associates LLC now owns 189,777 shares of the company’s stock valued at $8,804,000 after acquiring an additional 164,879 shares during the last quarter. Wagner Wealth Management LLC boosted its stake in shares of JPMorgan Income ETF by 37.5% during the third quarter. Wagner Wealth Management LLC now owns 533,900 shares of the company’s stock valued at $24,768,000 after acquiring an additional 145,693 shares during the last quarter. Syntegra Private Wealth Group LLC boosted its stake in shares of JPMorgan Income ETF by 16.6% during the third quarter. Syntegra Private Wealth Group LLC now owns 883,099 shares of the company’s stock valued at $40,967,000 after acquiring an additional 125,592 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of JPMorgan Income ETF by 1,686.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 132,079 shares of the company’s stock valued at $6,127,000 after acquiring an additional 124,684 shares during the last quarter.

JPMorgan Income ETF Stock Down 0.4 %

Shares of JPIE traded down $0.16 during trading hours on Friday, reaching $45.44. 715,132 shares of the company traded hands, compared to its average volume of 578,537. The stock has a fifty day simple moving average of $45.75 and a 200 day simple moving average of $45.83. JPMorgan Income ETF has a fifty-two week low of $44.80 and a fifty-two week high of $46.43.

JPMorgan Income ETF 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.