Paladin Advisory Group LLC Raises Holdings in JPMorgan Income ETF (NYSEARCA:JPIE)

Paladin Advisory Group LLC raised its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 5.5% in the fourth quarter, Holdings Channel reports. The firm owned 78,475 shares of the company’s stock after purchasing an additional 4,058 shares during the period. JPMorgan Income ETF accounts for 3.0% of Paladin Advisory Group LLC’s investment portfolio, making the stock its 9th largest holding. Paladin Advisory Group LLC’s holdings in JPMorgan Income ETF were worth $3,579,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in JPIE. Jane Street Group LLC increased its stake in shares of JPMorgan Income ETF by 127.5% during the 1st quarter. Jane Street Group LLC now owns 20,797 shares of the company’s stock worth $998,000 after purchasing an additional 11,657 shares during the last quarter. Envestnet Asset Management Inc. bought a new position in JPMorgan Income ETF during the second quarter valued at $296,000. UBS Group AG increased its position in JPMorgan Income ETF by 637.2% in the second quarter. UBS Group AG now owns 1,467 shares of the company’s stock worth $67,000 after buying an additional 1,268 shares during the last quarter. Commonwealth Equity Services LLC bought a new stake in shares of JPMorgan Income ETF in the third quarter valued at $248,000. Finally, Advisor Group Holdings Inc. lifted its position in shares of JPMorgan Income ETF by 44.0% during the 4th quarter. Advisor Group Holdings Inc. now owns 22,704 shares of the company’s stock valued at $1,025,000 after buying an additional 6,933 shares during the last quarter.

JPMorgan Income ETF Trading Up 0.2 %

JPMorgan Income ETF stock traded up $0.07 during midday trading on Friday, reaching $44.96. The stock had a trading volume of 158,985 shares, compared to its average volume of 203,306. JPMorgan Income ETF has a 12 month low of $43.72 and a 12 month high of $46.05. The firm’s 50-day moving average price is $45.29 and its 200 day moving average price is $45.04.

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.