JPMorgan Income ETF (NYSEARCA:JPIE) Stock Position Raised by Magnus Financial Group LLC

Magnus Financial Group LLC lifted its position in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 7.8% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 284,521 shares of the company’s stock after buying an additional 20,604 shares during the quarter. JPMorgan Income ETF accounts for about 1.3% of Magnus Financial Group LLC’s investment portfolio, making the stock its 14th biggest holding. Magnus Financial Group LLC’s holdings in JPMorgan Income ETF were worth $13,199,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. FMA Wealth Management LLC boosted its holdings in JPMorgan Income ETF by 46.4% in the 3rd quarter. FMA Wealth Management LLC now owns 242,222 shares of the company’s stock valued at $11,237,000 after purchasing an additional 76,807 shares during the period. Fiduciary Alliance LLC grew its position in JPMorgan Income ETF by 20.7% during the third quarter. Fiduciary Alliance LLC now owns 44,892 shares of the company’s stock worth $2,083,000 after buying an additional 7,697 shares in the last quarter. Wagner Wealth Management LLC increased its stake in JPMorgan Income ETF by 37.5% during the third quarter. Wagner Wealth Management LLC now owns 533,900 shares of the company’s stock valued at $24,768,000 after acquiring an additional 145,693 shares during the period. MorganRosel Wealth Management LLC raised its holdings in JPMorgan Income ETF by 2.7% in the 3rd quarter. MorganRosel Wealth Management LLC now owns 56,588 shares of the company’s stock valued at $2,625,000 after acquiring an additional 1,506 shares in the last quarter. Finally, MADDEN SECURITIES Corp bought a new stake in shares of JPMorgan Income ETF in the 3rd quarter worth approximately $360,000.

JPMorgan Income ETF Stock Performance

Shares of JPIE traded up $0.04 on Tuesday, reaching $46.02. 252,588 shares of the stock traded hands, compared to its average volume of 237,325. The stock’s 50-day moving average price is $46.06 and its 200-day moving average price is $45.58. JPMorgan Income ETF has a 12 month low of $43.72 and a 12 month high of $46.43.

JPMorgan Income ETF Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding JPIE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Income ETF (NYSEARCA:JPIE – Free Report).