Enclave Advisors LLC Has $37.99 Million Stock Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Enclave Advisors LLC raised its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 8.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 832,428 shares of the company’s stock after buying an additional 62,870 shares during the quarter. JPMorgan Income ETF makes up about 6.3% of Enclave Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. Enclave Advisors LLC’s holdings in JPMorgan Income ETF were worth $37,987,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in JPIE. Transform Wealth LLC lifted its stake in shares of JPMorgan Income ETF by 4.7% during the third quarter. Transform Wealth LLC now owns 5,148 shares of the company’s stock valued at $239,000 after acquiring an additional 231 shares during the period. LGT Financial Advisors LLC raised its holdings in JPMorgan Income ETF by 75.4% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,019 shares of the company’s stock worth $47,000 after purchasing an additional 438 shares during the last quarter. Opes Wealth Management LLC lifted its position in JPMorgan Income ETF by 5.1% during the 3rd quarter. Opes Wealth Management LLC now owns 9,382 shares of the company’s stock valued at $435,000 after purchasing an additional 452 shares during the period. D.A. Davidson & CO. lifted its position in JPMorgan Income ETF by 8.5% during the 3rd quarter. D.A. Davidson & CO. now owns 6,350 shares of the company’s stock valued at $295,000 after purchasing an additional 500 shares during the period. Finally, Investment Partners Asset Management Inc. boosted its stake in shares of JPMorgan Income ETF by 7.3% in the 3rd quarter. Investment Partners Asset Management Inc. now owns 8,714 shares of the company’s stock valued at $404,000 after purchasing an additional 596 shares during the last quarter.

JPMorgan Income ETF Price Performance

JPIE opened at $46.00 on Wednesday. The firm has a 50 day simple moving average of $45.75 and a 200 day simple moving average of $45.86. JPMorgan Income ETF has a fifty-two week low of $44.80 and a fifty-two week high of $46.43.

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.