Alpha Financial Partners LLC Purchases Shares of 6,034 JPMorgan Income ETF (NYSEARCA:JPIE)

Alpha Financial Partners LLC acquired a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 6,034 shares of the company’s stock, valued at approximately $280,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JPIE. Mount Yale Investment Advisors LLC lifted its position in shares of JPMorgan Income ETF by 3.8% during the 2nd quarter. Mount Yale Investment Advisors LLC now owns 266,769 shares of the company’s stock worth $12,127,000 after buying an additional 9,848 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of JPMorgan Income ETF by 43.9% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 22,133 shares of the company’s stock valued at $1,006,000 after acquiring an additional 6,754 shares during the period. Scott Capital Advisors LLC boosted its stake in shares of JPMorgan Income ETF by 15.8% in the 1st quarter. Scott Capital Advisors LLC now owns 333,930 shares of the company’s stock valued at $15,114,000 after purchasing an additional 45,518 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of JPMorgan Income ETF by 21.3% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 36,175 shares of the company’s stock worth $1,645,000 after purchasing an additional 6,363 shares during the last quarter. Finally, MorganRosel Wealth Management LLC increased its position in shares of JPMorgan Income ETF by 165.5% during the 1st quarter. MorganRosel Wealth Management LLC now owns 55,331 shares of the company’s stock worth $2,521,000 after purchasing an additional 34,493 shares in the last quarter.

JPMorgan Income ETF Price Performance

Shares of JPIE stock opened at $45.90 on Friday. JPMorgan Income ETF has a 12-month low of $43.82 and a 12-month high of $46.43. The firm has a 50-day moving average price of $46.10 and a 200 day moving average price of $45.63.

About JPMorgan Income ETF

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.