Mather Group LLC. Acquires 509 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Mather Group LLC. increased its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 0.3% during the 4th quarter, Holdings Channel reports. The firm owned 171,640 shares of the company’s stock after purchasing an additional 509 shares during the quarter. Mather Group LLC.’s holdings in JPMorgan Income ETF were worth $7,830,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Stifel Financial Corp lifted its holdings in shares of JPMorgan Income ETF by 27.9% during the 3rd quarter. Stifel Financial Corp now owns 12,088 shares of the company’s stock worth $561,000 after acquiring an additional 2,634 shares during the last quarter. HighTower Advisors LLC raised its position in JPMorgan Income ETF by 18.5% during the third quarter. HighTower Advisors LLC now owns 12,456 shares of the company’s stock valued at $578,000 after purchasing an additional 1,947 shares in the last quarter. Creative Planning purchased a new position in shares of JPMorgan Income ETF in the 2nd quarter worth about $646,000. Planned Solutions Inc. lifted its position in JPMorgan Income ETF by 3.8% in the 3rd quarter. Planned Solutions Inc. now owns 313,172 shares of the company’s stock worth $14,528,000 after buying an additional 11,404 shares during the last quarter. Finally, Cetera Investment Advisers boosted 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 worth $1,975,000 after buying an additional 11,295 shares in the last quarter.

JPMorgan Income ETF Stock Performance

Shares of JPIE opened at $45.75 on Tuesday. JPMorgan Income ETF has a fifty-two week low of $44.80 and a fifty-two week high of $46.43. The firm has a 50 day moving average price of $45.79 and a 200-day moving average price of $45.88.

JPMorgan Income ETF 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.