Cary Street Partners Investment Advisory LLC Grows Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Cary Street Partners Investment Advisory LLC lifted its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 3.4% in the second quarter, HoldingsChannel.com reports. The firm owned 36,810 shares of the company’s stock after acquiring an additional 1,220 shares during the quarter. Cary Street Partners Investment Advisory LLC’s holdings in JPMorgan Income ETF were worth $1,664,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. IFP Advisors Inc purchased a new position in JPMorgan Income ETF during the 2nd quarter valued at about $33,000. UBS Group AG purchased a new position in JPMorgan Income ETF during the 1st quarter valued at about $32,000. Money Concepts Capital Corp boosted its holdings in JPMorgan Income ETF by 651.5% during the 4th quarter. Money Concepts Capital Corp now owns 977 shares of the company’s stock valued at $44,000 after acquiring an additional 847 shares during the period. JPMorgan Chase & Co. purchased a new position in JPMorgan Income ETF during the 1st quarter valued at about $67,000. Finally, Blue Chip Partners LLC purchased a new position in JPMorgan Income ETF during the 2nd quarter valued at about $200,000.

JPMorgan Income ETF Stock Performance

Shares of JPMorgan Income ETF stock opened at $44.59 on Friday. The business has a 50-day moving average of $44.25 and a 200 day moving average of $44.82. JPMorgan Income ETF has a 12 month low of $43.72 and a 12 month high of $46.47.

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.