O ROURKE & COMPANY Inc purchased a new stake in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 71,284 shares of the company’s stock, valued at approximately $3,307,000. JPMorgan Income ETF makes up 1.7% of O ROURKE & COMPANY Inc’s investment portfolio, making the stock its 14th biggest holding.
Other hedge funds have also recently modified their holdings of the company. Sequoia Financial Advisors LLC bought a new position in JPMorgan Income ETF in the second quarter worth approximately $70,005,000. Savant Capital LLC lifted its stake in shares of JPMorgan Income ETF by 71.8% during the 2nd quarter. Savant Capital LLC now owns 840,019 shares of the company’s stock worth $38,187,000 after purchasing an additional 351,055 shares during the last quarter. Waverly Advisors LLC boosted its position in JPMorgan Income ETF by 364.6% during the first quarter. Waverly Advisors LLC now owns 257,650 shares of the company’s stock valued at $11,739,000 after purchasing an additional 202,193 shares in the last quarter. Diversified LLC grew its stake in JPMorgan Income ETF by 50.6% in the first quarter. Diversified LLC now owns 579,962 shares of the company’s stock valued at $26,423,000 after purchasing an additional 194,911 shares during the last quarter. Finally, Prentice Wealth Management LLC raised its holdings in JPMorgan Income ETF by 3,286.3% in the second quarter. Prentice Wealth Management LLC now owns 175,070 shares of the company’s stock worth $7,959,000 after purchasing an additional 169,900 shares in the last quarter.
JPMorgan Income ETF Stock Performance
Shares of JPIE stock traded down $0.07 during mid-day trading on Thursday, hitting $45.81. 115,953 shares of the stock traded hands, compared to its average volume of 243,690. The stock’s fifty day moving average is $46.09 and its two-hundred day moving average is $45.64. JPMorgan Income ETF has a 52-week low of $43.82 and a 52-week high of $46.43.
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.
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