Magnus Financial Group LLC Acquires 14,871 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Magnus Financial Group LLC grew its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 5.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 299,392 shares of the company’s stock after purchasing an additional 14,871 shares during the quarter. JPMorgan Income ETF comprises about 1.3% of Magnus Financial Group LLC’s investment portfolio, making the stock its 15th biggest position. Magnus Financial Group LLC’s holdings in JPMorgan Income ETF were worth $13,658,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of JPIE. Enclave Advisors LLC raised its holdings in JPMorgan Income ETF by 8.2% in the 4th quarter. Enclave Advisors LLC now owns 832,428 shares of the company’s stock worth $37,987,000 after acquiring an additional 62,870 shares during the period. Planned Solutions Inc. raised its holdings in JPMorgan Income ETF by 47.5% in the 4th quarter. Planned Solutions Inc. now owns 461,898 shares of the company’s stock worth $21,072,000 after acquiring an additional 148,726 shares during the period. Transform Wealth LLC raised its holdings in JPMorgan Income ETF by 9.6% in the 4th quarter. Transform Wealth LLC now owns 5,640 shares of the company’s stock worth $259,000 after acquiring an additional 492 shares during the period. LaFleur & Godfrey LLC raised its holdings in JPMorgan Income ETF by 7.1% in the 4th quarter. LaFleur & Godfrey LLC now owns 12,921 shares of the company’s stock worth $589,000 after acquiring an additional 856 shares during the period. Finally, Scott Capital Advisors LLC raised its holdings in JPMorgan Income ETF by 5.9% in the 4th quarter. Scott Capital Advisors LLC now owns 370,138 shares of the company’s stock worth $16,838,000 after acquiring an additional 20,768 shares during the period.

JPMorgan Income ETF Trading Up 0.1 %

Shares of JPIE opened at $45.85 on Wednesday. JPMorgan Income ETF has a one year low of $44.80 and a one year high of $46.43. The company’s fifty day moving average price is $45.75 and its 200 day moving average price is $45.86.

JPMorgan Income ETF Company 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.