Mount Yale Investment Advisors LLC Acquires 22,226 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Mount Yale Investment Advisors LLC raised its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 7.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 306,467 shares of the company’s stock after acquiring an additional 22,226 shares during the period. JPMorgan Income ETF comprises approximately 1.1% of Mount Yale Investment Advisors LLC’s holdings, making the stock its 11th largest holding. Mount Yale Investment Advisors LLC owned 1.06% of JPMorgan Income ETF worth $13,981,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of JPIE. Envestnet Asset Management Inc. raised its position in JPMorgan Income ETF by 19.0% in the second quarter. Envestnet Asset Management Inc. now owns 153,343 shares of the company’s stock worth $6,971,000 after purchasing an additional 24,537 shares in the last quarter. Creative Planning acquired a new position in shares of JPMorgan Income ETF in the 2nd quarter worth approximately $646,000. Cetera Investment Advisers lifted its position in shares of JPMorgan Income ETF by 35.1% during the 2nd 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 during the period. Prentice Wealth Management LLC boosted its stake in JPMorgan Income ETF by 5.7% in the 3rd quarter. Prentice Wealth Management LLC now owns 185,017 shares of the company’s stock valued at $8,583,000 after buying an additional 9,947 shares in the last quarter. Finally, Mather Group LLC. grew its position in JPMorgan Income ETF by 7.5% in the third quarter. Mather Group LLC. now owns 171,131 shares of the company’s stock valued at $7,939,000 after acquiring an additional 11,903 shares during the period.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA JPIE opened at $45.85 on Monday. JPMorgan Income ETF has a 52-week low of $44.80 and a 52-week high of $46.43. The business has a fifty day moving average of $45.77 and a two-hundred day moving average of $45.87.

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.