Heritage Financial Services LLC Buys 3,817 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Heritage Financial Services LLC boosted its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 0.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,048,486 shares of the company’s stock after buying an additional 3,817 shares during the period. JPMorgan Income ETF makes up 15.9% of Heritage Financial Services LLC’s portfolio, making the stock its 3rd largest holding. Heritage Financial Services LLC owned 16.49% of JPMorgan Income ETF worth $93,431,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Eudaimonia Advisors LLC grew its position in shares of JPMorgan Income ETF by 2.2% during the 4th quarter. Eudaimonia Advisors LLC now owns 52,760 shares of the company’s stock worth $2,406,000 after purchasing an additional 1,122 shares in the last quarter. Wagner Wealth Management LLC lifted its holdings in shares of JPMorgan Income ETF by 0.7% during the fourth quarter. Wagner Wealth Management LLC now owns 77,615 shares of the company’s stock worth $3,540,000 after purchasing an additional 574 shares during the period. Rainsberger Wealth Advisors Inc. acquired a new position in JPMorgan Income ETF in the fourth quarter valued at $7,125,000. Patriot Financial Group Insurance Agency LLC acquired a new position in JPMorgan Income ETF in the fourth quarter valued at $668,000. Finally, MRA Advisory Group acquired a new position in JPMorgan Income ETF in the third quarter valued at $3,882,000.

JPMorgan Income ETF Stock Performance

JPIE stock opened at $45.05 on Friday. JPMorgan Income ETF has a 12-month low of $43.72 and a 12-month high of $46.05. The company’s fifty day simple moving average is $45.25 and its 200 day simple moving average is $45.09.

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.