Cetera Investment Advisers Boosts Stock Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Cetera Investment Advisers raised its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 46.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 106,020 shares of the company’s stock after purchasing an additional 33,686 shares during the period. Cetera Investment Advisers owned 0.37% of JPMorgan Income ETF worth $4,837,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its stake in JPMorgan Income ETF by 1.4% in the fourth quarter. JPMorgan Chase & Co. now owns 5,000,820 shares of the company’s stock valued at $228,137,000 after purchasing an additional 70,930 shares during the last quarter. Heritage Financial Services LLC grew its stake in shares of JPMorgan Income ETF by 3.7% during the fourth quarter. Heritage Financial Services LLC now owns 2,454,191 shares of the company’s stock worth $111,960,000 after acquiring an additional 87,743 shares during the last quarter. Savant Capital LLC grew its stake in shares of JPMorgan Income ETF by 39.2% during the fourth quarter. Savant Capital LLC now owns 1,921,630 shares of the company’s stock worth $87,665,000 after acquiring an additional 540,676 shares during the last quarter. Bank of America Corp DE grew its stake in shares of JPMorgan Income ETF by 21.3% during the fourth quarter. Bank of America Corp DE now owns 1,851,098 shares of the company’s stock worth $84,447,000 after acquiring an additional 324,852 shares during the last quarter. Finally, Sequoia Financial Advisors LLC grew its stake in shares of JPMorgan Income ETF by 8.8% during the fourth quarter. Sequoia Financial Advisors LLC now owns 1,781,776 shares of the company’s stock worth $81,285,000 after acquiring an additional 144,345 shares during the last quarter.

JPMorgan Income ETF Stock Performance

Shares of JPIE stock opened at $45.71 on Thursday. JPMorgan Income ETF has a fifty-two week low of $45.01 and a fifty-two week high of $46.43. The stock’s 50-day simple moving average is $45.77 and its 200-day simple moving average is $45.80.

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.