Armor Investment Advisors LLC Raises Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Armor Investment Advisors LLC lifted its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 0.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 143,807 shares of the company’s stock after acquiring an additional 688 shares during the quarter. JPMorgan Income ETF comprises approximately 2.7% of Armor Investment Advisors LLC’s portfolio, making the stock its 11th largest position. Armor Investment Advisors LLC’s holdings in JPMorgan Income ETF were worth $6,560,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Private Trust Co. NA purchased a new stake in shares of JPMorgan Income ETF in the third quarter worth about $36,000. Wilmington Savings Fund Society FSB purchased a new position in JPMorgan Income ETF in the third quarter valued at about $38,000. LGT Financial Advisors LLC boosted its holdings in JPMorgan Income ETF by 75.4% in the third quarter. LGT Financial Advisors LLC now owns 1,019 shares of the company’s stock valued at $47,000 after purchasing an additional 438 shares during the last quarter. Newbridge Financial Services Group Inc. boosted its holdings in JPMorgan Income ETF by 33.8% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 1,030 shares of the company’s stock valued at $47,000 after purchasing an additional 260 shares during the last quarter. Finally, CENTRAL TRUST Co boosted its holdings in JPMorgan Income ETF by 107.3% in the third quarter. CENTRAL TRUST Co now owns 1,248 shares of the company’s stock valued at $58,000 after purchasing an additional 646 shares during the last quarter.

JPMorgan Income ETF Price Performance

Shares of JPIE opened at $45.83 on Tuesday. JPMorgan Income ETF has a one year low of $44.80 and a one year high of $46.43. The stock has a 50-day moving average price of $45.78 and a 200 day moving average price of $45.89.

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.