GeoWealth Management LLC Invests $469,000 in JPMorgan Income ETF (NYSEARCA:JPIE)

GeoWealth Management LLC purchased a new stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 10,379 shares of the company’s stock, valued at approximately $469,000. GeoWealth Management LLC owned about 0.08% of JPMorgan Income ETF at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Commonwealth Equity Services LLC increased its holdings in JPMorgan Income ETF by 7.8% in the second quarter. Commonwealth Equity Services LLC now owns 32,930 shares of the company’s stock worth $1,488,000 after purchasing an additional 2,370 shares in the last quarter. Cary Street Partners Asset Management LLC increased its stake in shares of JPMorgan Income ETF by 64.7% in the 2nd quarter. Cary Street Partners Asset Management LLC now owns 37,401 shares of the company’s stock valued at $1,691,000 after acquiring an additional 14,697 shares in the last quarter. Trustmark National Bank Trust Department lifted its position in shares of JPMorgan Income ETF by 12.3% during the 2nd quarter. Trustmark National Bank Trust Department now owns 35,655 shares of the company’s stock valued at $1,612,000 after acquiring an additional 3,900 shares during the period. Cary Street Partners Investment Advisory LLC boosted its stake in JPMorgan Income ETF by 3.4% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 36,810 shares of the company’s stock worth $1,664,000 after acquiring an additional 1,220 shares in the last quarter. Finally, Private Advisor Group LLC grew its holdings in JPMorgan Income ETF by 7.0% in the second quarter. Private Advisor Group LLC now owns 48,649 shares of the company’s stock worth $2,202,000 after purchasing an additional 3,191 shares during the period.

JPMorgan Income ETF Stock Up 0.1 %

JPIE opened at $44.65 on Tuesday. The company has a fifty day moving average price of $44.25 and a two-hundred day moving average price of $44.81. JPMorgan Income ETF has a 1-year low of $43.72 and a 1-year 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.