FMA Wealth Management LLC Buys Shares of 153,443 JPMorgan Income ETF (NYSEARCA:JPIE)

FMA Wealth Management LLC acquired a new stake in shares of JPMorgan Income ETF (NYSEARCA:JPIEFree Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 153,443 shares of the company’s stock, valued at approximately $6,999,000. JPMorgan Income ETF comprises approximately 6.4% of FMA Wealth Management LLC’s portfolio, making the stock its 6th largest holding. FMA Wealth Management LLC owned 1.24% of JPMorgan Income ETF as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in JPIE. International Assets Investment Management LLC acquired a new stake in JPMorgan Income ETF in the 4th quarter worth about $26,836,000. D Orazio & Associates Inc. raised its holdings in shares of JPMorgan Income ETF by 178.7% in the 4th quarter. D Orazio & Associates Inc. now owns 542,214 shares of the company’s stock worth $24,730,000 after purchasing an additional 347,647 shares during the period. Planned Solutions Inc. purchased a new position in shares of JPMorgan Income ETF in the 4th quarter worth about $13,495,000. Echo Wealth Management LLC purchased a new position in shares of JPMorgan Income ETF in the 4th quarter worth about $13,374,000. Finally, Scott Capital Advisors LLC raised its holdings in shares of JPMorgan Income ETF by 610.9% in the 4th quarter. Scott Capital Advisors LLC now owns 288,412 shares of the company’s stock worth $13,154,000 after purchasing an additional 247,843 shares during the period.

JPMorgan Income ETF Stock Performance

Shares of NYSEARCA:JPIE traded up $0.03 during mid-day trading on Friday, hitting $45.29. 135,888 shares of the company traded hands, compared to its average volume of 191,178. JPMorgan Income ETF has a 52-week low of $43.72 and a 52-week high of $45.88. The firm’s 50 day simple moving average is $45.21 and its 200 day simple moving average is $45.24.

JPMorgan Income ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for JPMorgan Income ETF (NYSEARCA:JPIE)

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