LifeGoal Wealth Advisors Invests $3.71 Million in JPMorgan Income ETF (NYSEARCA:JPIE)

LifeGoal Wealth Advisors purchased a new position in JPMorgan Income ETF (NYSEARCA:JPIE) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 81,232 shares of the company’s stock, valued at approximately $3,706,000. JPMorgan Income ETF accounts for about 4.0% of LifeGoal Wealth Advisors’ investment portfolio, making the stock its 7th largest position. LifeGoal Wealth Advisors owned 0.28% of JPMorgan Income ETF at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Raymond James & Associates boosted its stake in JPMorgan Income ETF by 48.1% during the third quarter. Raymond James & Associates now owns 234,471 shares of the company’s stock worth $10,877,000 after acquiring an additional 76,107 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of JPMorgan Income ETF by 1,686.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 132,079 shares of the company’s stock worth $6,127,000 after purchasing an additional 124,684 shares in the last quarter. Lodestar Private Asset Management LLC grew its stake in shares of JPMorgan Income ETF by 11.5% in the 3rd quarter. Lodestar Private Asset Management LLC now owns 193,650 shares of the company’s stock worth $8,983,000 after buying an additional 19,938 shares during the last quarter. JFS Wealth Advisors LLC grew its stake in shares of JPMorgan Income ETF by 35.0% in the 3rd quarter. JFS Wealth Advisors LLC now owns 6,750 shares of the company’s stock worth $313,000 after buying an additional 1,750 shares during the last quarter. Finally, Financial Advocates Investment Management increased its position in JPMorgan Income ETF by 27.6% during the 3rd quarter. Financial Advocates Investment Management now owns 16,884 shares of the company’s stock valued at $783,000 after buying an additional 3,649 shares in the last quarter.

JPMorgan Income ETF Price Performance

JPMorgan Income ETF stock opened at $46.06 on Wednesday. JPMorgan Income ETF has a 12 month low of $44.80 and a 12 month high of $46.43. The business’s fifty day simple moving average is $45.79 and its two-hundred day simple moving average is $45.90.

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.