Mount Yale Investment Advisors LLC Acquires 22,226 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Mount Yale Investment Advisors LLC raised its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 7.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 306,467 shares of the company’s stock after purchasing an additional 22,226 shares during the period. JPMorgan Income ETF comprises about 1.1% of Mount Yale Investment Advisors LLC’s holdings, making the stock its 11th largest holding. Mount Yale Investment Advisors LLC’s holdings in JPMorgan Income ETF were worth $13,981,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JPIE. Envestnet Asset Management Inc. raised its position in shares of JPMorgan Income ETF by 19.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 153,343 shares of the company’s stock valued at $6,971,000 after acquiring an additional 24,537 shares during the last quarter. Creative Planning acquired a new position in JPMorgan Income ETF in the second quarter valued at about $646,000. Cetera Investment Advisers lifted its stake in JPMorgan Income ETF by 35.1% in the second quarter. Cetera Investment Advisers now owns 43,437 shares of the company’s stock valued at $1,975,000 after buying an additional 11,295 shares during the period. Prentice Wealth Management LLC increased its stake in shares of JPMorgan Income ETF by 5.7% in the 3rd quarter. Prentice Wealth Management LLC now owns 185,017 shares of the company’s stock valued at $8,583,000 after acquiring an additional 9,947 shares during the last quarter. Finally, Mather Group LLC. raised its position in shares of JPMorgan Income ETF by 7.5% in the 3rd quarter. Mather Group LLC. now owns 171,131 shares of the company’s stock valued at $7,939,000 after acquiring an additional 11,903 shares during the period.

JPMorgan Income ETF Price Performance

JPMorgan Income ETF stock opened at $45.85 on Monday. The company’s 50 day simple moving average is $45.77 and its 200 day simple moving average is $45.87. JPMorgan Income ETF has a fifty-two week low of $44.80 and a fifty-two week high of $46.43.

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.