Stifel Financial Corp Grows Holdings in JPMorgan Income ETF (NYSEARCA:JPIE)

Stifel Financial Corp boosted its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 27.9% in the third quarter, HoldingsChannel reports. The fund owned 12,088 shares of the company’s stock after acquiring an additional 2,634 shares during the period. Stifel Financial Corp’s holdings in JPMorgan Income ETF were worth $561,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Cambridge Investment Research Advisors Inc. grew its stake in shares of JPMorgan Income ETF by 43.9% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 22,133 shares of the company’s stock worth $1,006,000 after acquiring an additional 6,754 shares during the last quarter. Financial Advocates Investment Management purchased a new stake in JPMorgan Income ETF during the 2nd quarter valued at about $602,000. Whittier Trust Co. of Nevada Inc. increased its stake in JPMorgan Income ETF by 95.1% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 921 shares of the company’s stock valued at $42,000 after purchasing an additional 449 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in JPMorgan Income ETF by 11.9% in the second quarter. Commonwealth Equity Services LLC now owns 102,537 shares of the company’s stock worth $4,661,000 after buying an additional 10,918 shares during the last quarter. Finally, Magnus Financial Group LLC raised its holdings in JPMorgan Income ETF by 5.1% in the second quarter. Magnus Financial Group LLC now owns 263,917 shares of the company’s stock worth $11,998,000 after buying an additional 12,838 shares during the last quarter.

JPMorgan Income ETF Trading Up 0.1 %

NYSEARCA:JPIE opened at $45.81 on Friday. The company’s 50 day moving average price is $45.81 and its 200-day moving average price is $45.81. JPMorgan Income ETF has a 52 week low of $44.80 and a 52 week high of $46.43.

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.