Oppenheimer & Co. Inc. Has $622,000 Stock Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Oppenheimer & Co. Inc. increased its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 168.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,400 shares of the company’s stock after buying an additional 8,400 shares during the period. Oppenheimer & Co. Inc.’s holdings in JPMorgan Income ETF were worth $622,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Harbour Investments Inc. bought a new stake in shares of JPMorgan Income ETF during the 3rd quarter valued at approximately $868,000. Sigma Planning Corp lifted its position in shares of JPMorgan Income ETF by 3.3% during the third quarter. Sigma Planning Corp now owns 39,323 shares of the company’s stock worth $1,824,000 after acquiring an additional 1,256 shares in the last quarter. Beckerman Institutional LLC purchased a new stake in shares of JPMorgan Income ETF in the third quarter worth $1,619,000. NavPoint Financial Inc. bought a new position in shares of JPMorgan Income ETF during the 3rd quarter valued at about $4,553,000. Finally, LGT Financial Advisors LLC increased its holdings in shares of JPMorgan Income ETF by 75.4% in the third quarter. LGT Financial Advisors LLC now owns 1,019 shares of the company’s stock worth $47,000 after buying an additional 438 shares during the period.

JPMorgan Income ETF Price Performance

NYSEARCA JPIE opened at $45.73 on Thursday. JPMorgan Income ETF has a 1 year low of $44.57 and a 1 year high of $46.43. The business’s 50-day moving average is $45.99 and its 200 day moving average is $45.72.

JPMorgan Income ETF 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.