FMA Wealth Management LLC Boosts Stake in JPMorgan Income ETF (NYSEARCA:JPIE)

FMA Wealth Management LLC boosted its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 1.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 245,293 shares of the company’s stock after acquiring an additional 3,071 shares during the quarter. JPMorgan Income ETF accounts for about 8.3% of FMA Wealth Management LLC’s investment portfolio, making the stock its 6th biggest position. FMA Wealth Management LLC owned about 0.85% of JPMorgan Income ETF worth $11,190,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its stake in JPMorgan Income ETF by 142.3% in the third quarter. JPMorgan Chase & Co. now owns 4,929,890 shares of the company’s stock valued at $228,698,000 after acquiring an additional 2,894,852 shares during the period. Heritage Financial Services LLC boosted its position in JPMorgan Income ETF by 3.7% in the fourth quarter. Heritage Financial Services LLC now owns 2,454,191 shares of the company’s stock valued at $111,960,000 after buying an additional 87,743 shares in the last quarter. Savant Capital LLC boosted its position in JPMorgan Income ETF by 39.2% in the fourth quarter. Savant Capital LLC now owns 1,921,630 shares of the company’s stock valued at $87,665,000 after buying an additional 540,676 shares in the last quarter. Syntegra Private Wealth Group LLC boosted its position in JPMorgan Income ETF by 4.7% in the fourth quarter. Syntegra Private Wealth Group LLC now owns 924,601 shares of the company’s stock valued at $42,180,000 after buying an additional 41,502 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in JPMorgan Income ETF by 13.4% in the third quarter. Janney Montgomery Scott LLC now owns 910,818 shares of the company’s stock valued at $42,253,000 after buying an additional 107,472 shares in the last quarter.

JPMorgan Income ETF Stock Performance

NYSEARCA:JPIE opened at $45.90 on Thursday. JPMorgan Income ETF has a 12 month low of $44.80 and a 12 month high of $46.43. The company’s 50-day moving average price is $45.78 and its two-hundred day moving average price is $45.89.

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.