Wealth Enhancement Advisory Services LLC Grows Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Wealth Enhancement Advisory Services LLC increased its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 1,686.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 132,079 shares of the company’s stock after buying an additional 124,684 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.46% of JPMorgan Income ETF worth $6,127,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Mount Yale Investment Advisors LLC raised its holdings in shares of JPMorgan Income ETF by 3.8% during the second quarter. Mount Yale Investment Advisors LLC now owns 266,769 shares of the company’s stock valued at $12,127,000 after acquiring an additional 9,848 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of JPMorgan Income ETF by 43.9% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 22,133 shares of the company’s stock valued at $1,006,000 after purchasing an additional 6,754 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its position in shares of JPMorgan Income ETF by 21.3% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 36,175 shares of the company’s stock valued at $1,645,000 after buying an additional 6,363 shares during the period. Diversify Advisory Services LLC bought a new position in JPMorgan Income ETF in the second quarter worth about $635,000. Finally, Envestnet Asset Management Inc. lifted its holdings in JPMorgan Income ETF by 19.0% in the second quarter. Envestnet Asset Management Inc. now owns 153,343 shares of the company’s stock worth $6,971,000 after buying an additional 24,537 shares during the period.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA:JPIE opened at $45.88 on Thursday. JPMorgan Income ETF has a 52-week low of $43.82 and a 52-week high of $46.43. The stock has a 50 day moving average price of $46.10 and a 200-day moving average price of $45.64.

JPMorgan Income ETF Company 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.