HighTower Advisors LLC Acquires 1,947 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

HighTower Advisors LLC boosted its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 18.5% in the third quarter, HoldingsChannel reports. The firm owned 12,456 shares of the company’s stock after acquiring an additional 1,947 shares during the period. HighTower Advisors LLC’s holdings in JPMorgan Income ETF were worth $578,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of JPIE. Mount Yale Investment Advisors LLC lifted its position 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 worth $12,127,000 after purchasing an additional 9,848 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in JPMorgan Income ETF by 43.9% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 22,133 shares of the company’s stock worth $1,006,000 after purchasing an additional 6,754 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in JPMorgan Income ETF by 19.0% during the 2nd 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 in the last quarter. Creative Planning bought a new position in JPMorgan Income ETF in the 2nd quarter valued at $646,000. Finally, Choreo LLC acquired a new stake in shares of JPMorgan Income ETF in the 2nd quarter valued at $250,000.

JPMorgan Income ETF Stock Performance

JPIE stock opened at $45.69 on Friday. JPMorgan Income ETF has a twelve month low of $44.80 and a twelve month high of $46.43. The business has a fifty day moving average of $45.83 and a 200-day moving average of $45.79.

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.