JPMorgan Income ETF (NYSEARCA:JPIE) Stake Raised by Scott Capital Advisors LLC

Scott Capital Advisors LLC boosted its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 15.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 333,930 shares of the company’s stock after buying an additional 45,518 shares during the period. JPMorgan Income ETF makes up approximately 4.6% of Scott Capital Advisors LLC’s investment portfolio, making the stock its 7th largest holding. Scott Capital Advisors LLC owned 1.27% of JPMorgan Income ETF worth $15,114,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of JPIE. Mayfair Advisory Group LLC boosted its position in JPMorgan Income ETF by 12.0% in the 1st quarter. Mayfair Advisory Group LLC now owns 11,492 shares of the company’s stock worth $524,000 after purchasing an additional 1,234 shares in the last quarter. Fiduciary Alliance LLC boosted its position in JPMorgan Income ETF by 6.6% in the 1st quarter. Fiduciary Alliance LLC now owns 33,956 shares of the company’s stock worth $1,535,000 after purchasing an additional 2,098 shares in the last quarter. Kathmere Capital Management LLC purchased a new stake in JPMorgan Income ETF in the 1st quarter worth approximately $258,000. Wealthcare Advisory Partners LLC boosted its position in JPMorgan Income ETF by 2.2% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 121,273 shares of the company’s stock worth $5,525,000 after purchasing an additional 2,635 shares in the last quarter. Finally, Altus Wealth Management LLC boosted its position in JPMorgan Income ETF by 84.7% in the 1st quarter. Altus Wealth Management LLC now owns 29,707 shares of the company’s stock worth $1,353,000 after purchasing an additional 13,621 shares in the last quarter.

JPMorgan Income ETF Stock Performance

JPMorgan Income ETF stock opened at $45.46 on Monday. JPMorgan Income ETF has a 12 month low of $43.72 and a 12 month high of $45.88. The stock’s 50 day simple moving average is $45.27 and its two-hundred day simple moving average is $45.35.

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.