Prospera Financial Services Inc Buys 1,487 Shares of JPMorgan Income ETF $JPIE

Prospera Financial Services Inc grew its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 1.0% during the 2nd quarter, HoldingsChannel reports. The fund owned 155,143 shares of the company’s stock after purchasing an additional 1,487 shares during the quarter. Prospera Financial Services Inc’s holdings in JPMorgan Income ETF were worth $7,189,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. raised its position in shares of JPMorgan Income ETF by 1.3% in the 1st quarter. JPMorgan Chase & Co. now owns 5,067,492 shares of the company’s stock worth $233,459,000 after purchasing an additional 66,672 shares during the last quarter. Savant Capital LLC grew its position in JPMorgan Income ETF by 28.5% during the 2nd quarter. Savant Capital LLC now owns 3,210,220 shares of the company’s stock valued at $148,697,000 after purchasing an additional 712,653 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in JPMorgan Income ETF by 24.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 2,695,517 shares of the company’s stock valued at $124,856,000 after purchasing an additional 536,335 shares in the last quarter. Heritage Financial Services LLC raised its holdings in JPMorgan Income ETF by 1.1% in the second 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 last quarter. Finally, Royal Bank of Canada lifted its stake in shares of JPMorgan Income ETF by 4.2% in 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 in the last quarter.

JPMorgan Income ETF Trading Up 0.1%

NYSEARCA:JPIE opened at $46.23 on Friday. The company’s 50 day moving average price is $46.37 and its 200-day moving average price is $46.16. JPMorgan Income ETF has a 52 week low of $45.01 and a 52 week high of $46.57.

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.