JPMorgan Income ETF (NYSEARCA:JPIE) Shares Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC grew its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 215.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 81,244 shares of the company’s stock after purchasing an additional 55,450 shares during the quarter. Axxcess Wealth Management LLC owned approximately 0.65% of JPMorgan Income ETF worth $3,706,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. CENTRAL TRUST Co raised its stake in JPMorgan Income ETF by 104.6% during the 4th quarter. CENTRAL TRUST Co now owns 673 shares of the company’s stock valued at $31,000 after acquiring an additional 344 shares during the last quarter. Iron Horse Wealth Management LLC purchased a new position in JPMorgan Income ETF during the fourth quarter worth about $36,000. Indie Asset Partners LLC acquired a new stake in JPMorgan Income ETF in the fourth quarter valued at about $205,000. G&S Capital LLC purchased a new position in shares of JPMorgan Income ETF during the 4th quarter worth approximately $205,000. Finally, Per Stirling Capital Management LLC. purchased a new position in shares of JPMorgan Income ETF during the 3rd quarter worth approximately $209,000.

JPMorgan Income ETF Price Performance

JPMorgan Income ETF stock traded up $0.11 during midday trading on Friday, reaching $45.16. The company’s stock had a trading volume of 206,694 shares, compared to its average volume of 199,459. JPMorgan Income ETF has a fifty-two week low of $43.72 and a fifty-two week high of $46.05. The stock’s 50 day simple moving average is $45.23 and its 200 day simple moving average is $45.11.

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.