JPMorgan Income ETF (NYSEARCA:JPIE) Position Lifted by Pennsylvania Capital Management Inc. ADV

Pennsylvania Capital Management Inc. ADV increased its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 4.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 392,391 shares of the company’s stock after buying an additional 16,014 shares during the quarter. JPMorgan Income ETF comprises approximately 6.1% of Pennsylvania Capital Management Inc. ADV’s portfolio, making the stock its 5th biggest holding. Pennsylvania Capital Management Inc. ADV owned approximately 1.36% of JPMorgan Income ETF worth $17,901,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Income ETF by 142.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,929,890 shares of the company’s stock valued at $228,698,000 after acquiring an additional 2,894,852 shares during the period. Richard W. Paul & Associates LLC increased its holdings in JPMorgan Income ETF by 662.2% in the 3rd quarter. Richard W. Paul & Associates LLC now owns 189,777 shares of the company’s stock valued at $8,804,000 after purchasing an additional 164,879 shares in the last quarter. Planned Solutions Inc. raised its position in 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 purchasing an additional 148,726 shares during the period. Wagner Wealth Management LLC lifted its stake in shares of JPMorgan Income ETF by 37.5% during the third quarter. Wagner Wealth Management LLC now owns 533,900 shares of the company’s stock worth $24,768,000 after purchasing an additional 145,693 shares in the last quarter. Finally, BankPlus Wealth Management LLC purchased a new stake in shares of JPMorgan Income ETF in the fourth quarter worth about $6,355,000.

JPMorgan Income ETF Trading Down 0.6 %

Shares of NYSEARCA:JPIE opened at $45.75 on Tuesday. The business’s 50-day simple moving average is $45.79 and its 200 day simple moving average is $45.88. JPMorgan Income ETF has a one year low of $44.80 and a one year 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.