Scott Capital Advisors LLC Increases Stock Holdings in JPMorgan Income ETF (NYSEARCA:JPIE)

Scott Capital Advisors LLC boosted its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 5.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 370,138 shares of the company’s stock after acquiring an additional 20,768 shares during the period. JPMorgan Income ETF accounts for approximately 4.8% of Scott Capital Advisors LLC’s portfolio, making the stock its 7th largest holding. Scott Capital Advisors LLC owned approximately 1.28% of JPMorgan Income ETF worth $16,838,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in shares of JPMorgan Income ETF by 142.3% during 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 during the period. Heritage Financial Services LLC increased its position in shares of JPMorgan Income ETF by 4.9% during the third quarter. Heritage Financial Services LLC now owns 2,366,448 shares of the company’s stock valued at $109,780,000 after buying an additional 111,564 shares during the period. Sequoia Financial Advisors LLC increased its position in shares of JPMorgan Income ETF by 6.3% during the third quarter. Sequoia Financial Advisors LLC now owns 1,637,431 shares of the company’s stock valued at $75,960,000 after buying an additional 97,513 shares during the period. Janney Montgomery Scott LLC increased its position in shares of JPMorgan Income ETF by 13.4% during the third quarter. Janney Montgomery Scott LLC now owns 910,818 shares of the company’s stock valued at $42,253,000 after buying an additional 107,472 shares during the period. Finally, Syntegra Private Wealth Group LLC increased its position 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 buying an additional 125,592 shares during the period.

JPMorgan Income ETF Trading Up 0.1 %

Shares of JPIE opened at $45.81 on Monday. The business’s 50-day moving average price is $45.75 and its 200-day moving average price is $45.85. JPMorgan Income ETF has a twelve month low of $44.80 and a twelve month high of $46.43.

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.