Bay Colony Advisory Group Inc d b a Bay Colony Advisors Increases Holdings in JPMorgan Income ETF $JPIE

Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 142.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 48,519 shares of the company’s stock after acquiring an additional 28,531 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in JPMorgan Income ETF were worth $2,252,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of JPIE. Cary Street Partners Investment Advisory LLC lifted its holdings in JPMorgan Income ETF by 3.1% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 9,548 shares of the company’s stock valued at $442,000 after acquiring an additional 289 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of JPMorgan Income ETF by 26.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock valued at $76,000 after purchasing an additional 343 shares during the last quarter. Independent Wealth Network Inc. lifted its stake in shares of JPMorgan Income ETF by 2.6% in the 3rd quarter. Independent Wealth Network Inc. now owns 13,856 shares of the company’s stock worth $643,000 after purchasing an additional 346 shares during the period. AdvisorNet Financial Inc lifted its stake in shares of JPMorgan Income ETF by 6.3% in the 2nd quarter. AdvisorNet Financial Inc now owns 6,656 shares of the company’s stock worth $308,000 after purchasing an additional 393 shares during the period. Finally, Altus Wealth Management LLC boosted its holdings in shares of JPMorgan Income ETF by 1.1% in the second quarter. Altus Wealth Management LLC now owns 40,201 shares of the company’s stock worth $1,862,000 after buying an additional 419 shares during the last quarter.

JPMorgan Income ETF Stock Down 0.1%

Shares of JPIE stock opened at $46.34 on Friday. JPMorgan Income ETF has a 12 month low of $45.01 and a 12 month high of $46.57. The company has a 50 day simple moving average of $46.33 and a two-hundred day simple moving average of $46.31.

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. JPIE was launched on Oct 28, 2021 and is managed by JPMorgan Chase.