Townsquare Capital LLC Grows Stock Holdings in JPMorgan Income ETF (NYSEARCA:JPIE)

Townsquare Capital LLC boosted its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 54.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,753 shares of the company’s stock after buying an additional 4,155 shares during the quarter. Townsquare Capital LLC’s holdings in JPMorgan Income ETF were worth $536,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in JPIE. MidAtlantic Capital Management Inc. purchased a new position in JPMorgan Income ETF in the 4th quarter valued at approximately $35,000. Wilmington Savings Fund Society FSB acquired a new position in shares of JPMorgan Income ETF during the 3rd quarter worth $38,000. Newbridge Financial Services Group Inc. boosted its position in shares of JPMorgan Income ETF by 33.8% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 1,030 shares of the company’s stock worth $47,000 after buying an additional 260 shares in the last quarter. CENTRAL TRUST Co grew its stake in JPMorgan Income ETF by 86.9% in the 4th quarter. CENTRAL TRUST Co now owns 2,333 shares of the company’s stock valued at $106,000 after acquiring an additional 1,085 shares during the last quarter. Finally, ADG Wealth Management Group LLC purchased a new position in JPMorgan Income ETF during the 4th quarter valued at about $202,000.

JPMorgan Income ETF Stock Up 0.5 %

Shares of NYSEARCA JPIE opened at $45.71 on Friday. The firm’s 50-day moving average is $45.83 and its two-hundred day moving average is $45.82. JPMorgan Income ETF has a 12-month low of $44.80 and a 12-month 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.