Scott Capital Advisors LLC Acquires 45,518 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Scott Capital Advisors LLC boosted its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 15.8% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 333,930 shares of the company’s stock after purchasing an additional 45,518 shares during the period. JPMorgan Income ETF makes up approximately 4.6% of Scott Capital Advisors LLC’s holdings, making the stock its 7th biggest position. Scott Capital Advisors LLC’s holdings in JPMorgan Income ETF were worth $15,114,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. CENTRAL TRUST Co lifted its stake in shares of JPMorgan Income ETF by 104.6% during the 4th quarter. CENTRAL TRUST Co now owns 673 shares of the company’s stock valued at $31,000 after buying an additional 344 shares in the last quarter. Iron Horse Wealth Management LLC bought a new stake in JPMorgan Income ETF in the 4th quarter worth $36,000. JFS Wealth Advisors LLC boosted its stake in shares of JPMorgan Income ETF by 12.0% during the 4th quarter. JFS Wealth Advisors LLC now owns 4,200 shares of the company’s stock valued at $192,000 after purchasing an additional 450 shares in the last quarter. G&S Capital LLC bought a new stake in shares of JPMorgan Income ETF during the 4th quarter valued at about $205,000. Finally, Indie Asset Partners LLC bought a new stake in JPMorgan Income ETF during the fourth quarter worth about $205,000.

JPMorgan Income ETF Trading Up 0.0 %

Shares of NYSEARCA JPIE opened at $45.46 on Monday. The firm’s 50 day moving average price is $45.27 and its 200-day moving average price is $45.35. JPMorgan Income ETF has a 52-week low of $43.72 and a 52-week high of $45.88.

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.