JPMorgan Income ETF $JPIE Shares Purchased by Scott Capital Advisors LLC

Scott Capital Advisors LLC lifted its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 41.1% during the 3rd quarter, Holdings Channel reports. The firm owned 555,231 shares of the company’s stock after purchasing an additional 161,615 shares during the quarter. JPMorgan Income ETF comprises 5.8% of Scott Capital Advisors LLC’s portfolio, making the stock its 8th biggest holding. Scott Capital Advisors LLC’s holdings in JPMorgan Income ETF were worth $25,657,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. CWM LLC increased its position in JPMorgan Income ETF by 439.4% during the third quarter. CWM LLC now owns 49,999 shares of the company’s stock worth $2,320,000 after buying an additional 40,730 shares during the last quarter. Independent Wealth Network Inc. boosted its position in JPMorgan Income ETF by 2.6% during the third quarter. Independent Wealth Network Inc. now owns 13,856 shares of the company’s stock worth $643,000 after purchasing an additional 346 shares during the period. World Investment Advisors increased its holdings in shares of JPMorgan Income ETF by 111.7% in the third quarter. World Investment Advisors now owns 39,138 shares of the company’s stock valued at $1,816,000 after purchasing an additional 20,652 shares during the last quarter. Founders Financial Securities LLC bought a new position in shares of JPMorgan Income ETF in the third quarter valued at about $7,235,000. Finally, Future Financial Wealth Managment LLC raised its position in shares of JPMorgan Income ETF by 10.4% in the third quarter. Future Financial Wealth Managment LLC now owns 68,429 shares of the company’s stock valued at $3,176,000 after purchasing an additional 6,421 shares during the period.

JPMorgan Income ETF Stock Up 0.1%

Shares of JPIE stock opened at $46.47 on Friday. The company has a 50-day simple moving average of $46.34 and a 200 day simple moving average of $46.28. JPMorgan Income ETF has a 52 week low of $45.01 and a 52 week high of $46.57.

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