HTG Investment Advisors Inc. Raises Position in JPMorgan Income ETF $JPIE

HTG Investment Advisors Inc. raised its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 83.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 76,630 shares of the company’s stock after acquiring an additional 34,797 shares during the quarter. JPMorgan Income ETF comprises approximately 1.1% of HTG Investment Advisors Inc.’s investment portfolio, making the stock its 21st largest holding. HTG Investment Advisors Inc.’s holdings in JPMorgan Income ETF were worth $3,547,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JPIE. American Financial Advisors LLC increased its stake in shares of JPMorgan Income ETF by 1,427.5% in the third quarter. American Financial Advisors LLC now owns 257,284 shares of the company’s stock worth $11,941,000 after acquiring an additional 240,440 shares during the last quarter. MorganRosel Wealth Management LLC increased its stake in shares of JPMorgan Income ETF by 22.5% in the third quarter. MorganRosel Wealth Management LLC now owns 147,741 shares of the company’s stock worth $6,857,000 after acquiring an additional 27,107 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of JPMorgan Income ETF by 5.5% in the third quarter. Commonwealth Equity Services LLC now owns 401,410 shares of the company’s stock worth $18,629,000 after acquiring an additional 21,085 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of JPMorgan Income ETF by 33.1% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 130,053 shares of the company’s stock worth $6,036,000 after acquiring an additional 32,374 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in shares of JPMorgan Income ETF by 142.7% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 48,519 shares of the company’s stock worth $2,252,000 after acquiring an additional 28,531 shares during the last quarter.

JPMorgan Income ETF Stock Down 0.3%

NYSEARCA JPIE opened at $46.00 on Friday. JPMorgan Income ETF has a 1-year low of $45.66 and a 1-year high of $46.61. The firm’s fifty day simple moving average is $46.16 and its 200-day simple moving average is $46.29.

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. JPIE was launched on Oct 28, 2021 and is managed by JPMorgan Chase.