Massmutual Trust Co. FSB ADV Buys 6,162 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Massmutual Trust Co. FSB ADV boosted its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 19.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 37,780 shares of the company’s stock after acquiring an additional 6,162 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in JPMorgan Income ETF were worth $1,717,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JPIE. D Orazio & Associates Inc. lifted its position in shares of JPMorgan Income ETF by 15.9% in the first quarter. D Orazio & Associates Inc. now owns 628,303 shares of the company’s stock worth $28,625,000 after purchasing an additional 86,089 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of JPMorgan Income ETF during the 4th quarter worth about $26,836,000. Diversified LLC grew its holdings in shares of JPMorgan Income ETF by 50.6% in the 1st quarter. Diversified LLC now owns 579,962 shares of the company’s stock valued at $26,423,000 after acquiring an additional 194,911 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of JPMorgan Income ETF by 35.2% in the first quarter. Janney Montgomery Scott LLC now owns 506,630 shares of the company’s stock valued at $23,082,000 after acquiring an additional 131,830 shares during the last quarter. Finally, Capital Advisors Wealth Management LLC raised its holdings in JPMorgan Income ETF by 16.7% during the first quarter. Capital Advisors Wealth Management LLC now owns 486,810 shares of the company’s stock worth $22,179,000 after acquiring an additional 69,528 shares in the last quarter.

JPMorgan Income ETF Stock Performance

JPIE stock traded down $0.08 during trading hours on Monday, reaching $45.66. The stock had a trading volume of 302,189 shares, compared to its average volume of 215,253. The stock has a 50-day simple moving average of $45.46 and a 200 day simple moving average of $45.36. JPMorgan Income ETF has a fifty-two week low of $43.72 and a fifty-two week high of $45.88.

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.