Blue Investment Partners LLC Buys 54,844 Shares of JPMorgan Income ETF $JPIE

Blue Investment Partners LLC raised its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 32.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 222,272 shares of the company’s stock after acquiring an additional 54,844 shares during the period. JPMorgan Income ETF makes up approximately 3.6% of Blue Investment Partners LLC’s investment portfolio, making the stock its 12th largest position. Blue Investment Partners LLC owned about 0.24% of JPMorgan Income ETF worth $10,296,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its holdings in 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 purchasing an additional 726,850 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in JPMorgan Income ETF by 24.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 2,695,517 shares of the company’s stock valued at $124,856,000 after buying an additional 536,335 shares in the last quarter. Obsidian Personal Planning Solutions LLC acquired a new stake in shares of JPMorgan Income ETF during the first quarter worth $12,841,000. Cary Street Partners Financial LLC lifted its holdings in shares of JPMorgan Income ETF by 43.1% during the first quarter. Cary Street Partners Financial LLC now owns 890,293 shares of the company’s stock worth $41,016,000 after buying an additional 268,092 shares in the last quarter. Finally, Kingsview Wealth Management LLC lifted its holdings in shares of JPMorgan Income ETF by 565.2% during the first quarter. Kingsview Wealth Management LLC now owns 245,793 shares of the company’s stock worth $11,324,000 after buying an additional 208,841 shares in the last quarter.

JPMorgan Income ETF Stock Performance

JPIE stock opened at $46.16 on Thursday. The company’s 50-day simple moving average is $46.39 and its 200 day simple moving average is $46.15. JPMorgan Income ETF has a 52 week low of $45.01 and a 52 week high of $46.57.

JPMorgan Income ETF Company 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.