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

HTG Investment Advisors Inc. lifted its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 83.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 76,630 shares of the company’s stock after buying an additional 34,797 shares during the quarter. JPMorgan Income ETF makes up about 1.1% of HTG Investment Advisors Inc.’s investment portfolio, making the stock its 21st largest position. HTG Investment Advisors Inc.’s holdings in JPMorgan Income ETF were worth $3,547,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of JPIE. American Financial Advisors LLC boosted its position in shares of JPMorgan Income ETF by 1,427.5% during the 3rd quarter. American Financial Advisors LLC now owns 257,284 shares of the company’s stock worth $11,941,000 after purchasing an additional 240,440 shares during the period. MorganRosel Wealth Management LLC boosted its position in shares of JPMorgan Income ETF by 22.5% during the 3rd quarter. MorganRosel Wealth Management LLC now owns 147,741 shares of the company’s stock worth $6,857,000 after purchasing an additional 27,107 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of JPMorgan Income ETF by 5.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 401,410 shares of the company’s stock worth $18,629,000 after purchasing an additional 21,085 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in shares of JPMorgan Income ETF by 33.1% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 130,053 shares of the company’s stock worth $6,036,000 after purchasing an additional 32,374 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in shares of JPMorgan Income ETF by 142.7% during the 3rd 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 purchasing an additional 28,531 shares during the period.

JPMorgan Income ETF Stock Down 0.3%

NYSEARCA:JPIE opened at $46.00 on Friday. The company has a 50 day moving average price of $46.16 and a 200 day moving average price of $46.29. JPMorgan Income ETF has a fifty-two week low of $45.66 and a fifty-two week high of $46.61.

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.