Addison Capital Co Increases Stock Holdings in JPMorgan Income ETF (NYSEARCA:JPIE)

Addison Capital Co boosted its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 102.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 17,110 shares of the company’s stock after purchasing an additional 8,677 shares during the period. Addison Capital Co’s holdings in JPMorgan Income ETF were worth $781,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Harbour Investments Inc. raised its holdings in shares of JPMorgan Income ETF by 4.1% in the 4th quarter. Harbour Investments Inc. now owns 19,480 shares of the company’s stock valued at $889,000 after acquiring an additional 774 shares in the last quarter. Greenwich Wealth Management LLC bought a new position in shares of JPMorgan Income ETF in the fourth quarter worth approximately $941,000. Centurion Wealth Management LLC raised its stake in JPMorgan Income ETF by 2.8% in the fourth quarter. Centurion Wealth Management LLC now owns 45,533 shares of the company’s stock valued at $2,077,000 after purchasing an additional 1,219 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in JPMorgan Income ETF by 16.8% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 47,006 shares of the company’s stock valued at $2,144,000 after purchasing an additional 6,746 shares during the last quarter. Finally, Diversified Enterprises LLC grew its stake in JPMorgan Income ETF by 3.1% in the 4th quarter. Diversified Enterprises LLC now owns 639,727 shares of the company’s stock worth $29,184,000 after buying an additional 19,514 shares in the last quarter.

JPMorgan Income ETF Stock Performance

JPMorgan Income ETF stock opened at $45.93 on Monday. JPMorgan Income ETF has a fifty-two week low of $44.80 and a fifty-two week high of $46.43. The firm’s fifty day moving average price is $45.86 and its 200-day moving average price is $45.91.

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.