Savant Capital LLC Acquires 712,653 Shares of JPMorgan Income ETF $JPIE

Savant Capital LLC increased its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 28.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,210,220 shares of the company’s stock after buying an additional 712,653 shares during the quarter. JPMorgan Income ETF accounts for about 0.9% of Savant Capital LLC’s portfolio, making the stock its 21st biggest holding. Savant Capital LLC owned about 3.50% of JPMorgan Income ETF worth $148,697,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of JPIE. JPMorgan Chase & Co. raised its holdings in JPMorgan Income ETF by 1.3% in the 1st quarter. JPMorgan Chase & Co. now owns 5,067,492 shares of the company’s stock valued at $233,459,000 after acquiring an additional 66,672 shares during the period. Sequoia Financial Advisors LLC grew its holdings in shares of JPMorgan Income ETF by 24.8% during the second quarter. Sequoia Financial Advisors LLC now owns 2,695,517 shares of the company’s stock worth $124,856,000 after purchasing an additional 536,335 shares during the last quarter. Heritage Financial Services LLC lifted its holdings in JPMorgan Income ETF by 1.1% during the 2nd quarter. Heritage Financial Services LLC now owns 2,205,824 shares of the company’s stock worth $102,174,000 after buying an additional 23,079 shares during the period. Royal Bank of Canada raised its stake in JPMorgan Income ETF by 4.2% during the first quarter. Royal Bank of Canada now owns 1,961,739 shares of the company’s stock worth $90,377,000 after buying an additional 78,820 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of JPMorgan Income ETF by 83.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,598,821 shares of the company’s stock worth $74,057,000 after buying an additional 726,850 shares during the period.

JPMorgan Income ETF Trading Up 0.1%

Shares of JPMorgan Income ETF stock opened at $46.20 on Friday. JPMorgan Income ETF has a 12-month low of $45.01 and a 12-month high of $46.57. The stock has a fifty day simple moving average of $46.38 and a 200 day simple moving average of $46.15.

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.