JPMorgan Income ETF (NYSEARCA:JPIE) Shares Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. grew its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 36.5% in the fourth quarter, HoldingsChannel reports. The fund owned 18,294 shares of the company’s stock after buying an additional 4,894 shares during the period. Oppenheimer & Co. Inc.’s holdings in JPMorgan Income ETF were worth $835,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in JPIE. JPMorgan Chase & Co. boosted its position in JPMorgan Income ETF by 142.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,929,890 shares of the company’s stock worth $228,698,000 after acquiring an additional 2,894,852 shares during the period. Savant Capital LLC lifted its holdings in shares of JPMorgan Income ETF by 39.2% in the fourth quarter. Savant Capital LLC now owns 1,921,630 shares of the company’s stock valued at $87,665,000 after buying an additional 540,676 shares during the period. Lineweaver Wealth Advisors LLC acquired a new stake in shares of JPMorgan Income ETF in the fourth quarter valued at $14,195,000. Planned Solutions Inc. lifted its holdings in shares of JPMorgan Income ETF by 47.5% in the fourth quarter. Planned Solutions Inc. now owns 461,898 shares of the company’s stock valued at $21,072,000 after buying an additional 148,726 shares during the period. Finally, BankPlus Wealth Management LLC acquired a new stake in shares of JPMorgan Income ETF in the fourth quarter valued at $6,355,000.

JPMorgan Income ETF Stock Performance

Shares of JPMorgan Income ETF stock opened at $45.98 on Thursday. The business has a fifty day simple moving average of $45.83 and a 200-day simple moving average of $45.91. JPMorgan Income ETF has a fifty-two week low of $44.80 and a fifty-two 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.