Daymark Wealth Partners LLC Acquires 72,902 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Daymark Wealth Partners LLC increased its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 43.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 242,171 shares of the company’s stock after buying an additional 72,902 shares during the period. Daymark Wealth Partners LLC owned 0.84% of JPMorgan Income ETF worth $11,234,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Financial Gravity Asset Management Inc. bought a new stake in shares of JPMorgan Income ETF in the 2nd quarter worth $26,000. Whittier Trust Co. of Nevada Inc. lifted its position in JPMorgan Income ETF by 95.1% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 921 shares of the company’s stock valued at $42,000 after purchasing an additional 449 shares during the period. EverSource Wealth Advisors LLC boosted its stake in shares of JPMorgan Income ETF by 63.6% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,456 shares of the company’s stock worth $66,000 after buying an additional 566 shares during the last quarter. Mascoma Wealth Management LLC grew its holdings in shares of JPMorgan Income ETF by 84.4% in the second quarter. Mascoma Wealth Management LLC now owns 2,185 shares of the company’s stock worth $99,000 after acquiring an additional 1,000 shares during the period. Finally, Insight Wealth Partners LLC bought a new stake in shares of JPMorgan Income ETF during the 2nd quarter valued at about $203,000.

JPMorgan Income ETF Stock Performance

Shares of JPIE traded down $0.01 on Wednesday, reaching $45.93. The company’s stock had a trading volume of 57,173 shares, compared to its average volume of 236,033. JPMorgan Income ETF has a 12-month low of $43.72 and a 12-month high of $46.43. The stock’s 50 day simple moving average is $46.04 and its two-hundred day simple moving average is $45.57.

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.