Beacon Harbor Wealth Advisors Inc. Makes New Investment in JPMorgan Income ETF (NYSEARCA:JPIE)

Beacon Harbor Wealth Advisors Inc. purchased a new position in JPMorgan Income ETF (NYSEARCA:JPIE) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 38,063 shares of the company’s stock, valued at approximately $1,736,000. Beacon Harbor Wealth Advisors Inc. owned approximately 0.31% of JPMorgan Income ETF as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Syntegra Private Wealth Group LLC lifted its holdings in shares of JPMorgan Income ETF by 0.5% in the 4th quarter. Syntegra Private Wealth Group LLC now owns 729,800 shares of the company’s stock valued at $33,286,000 after acquiring an additional 3,285 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of JPMorgan Income ETF in the 4th quarter valued at about $26,836,000. Diversified LLC lifted its holdings in shares of JPMorgan Income ETF by 3.5% in the 4th quarter. Diversified LLC now owns 385,051 shares of the company’s stock valued at $17,562,000 after acquiring an additional 13,072 shares during the last quarter. Planned Solutions Inc. bought a new position in shares of JPMorgan Income ETF in the 4th quarter valued at about $13,495,000. Finally, Echo Wealth Management LLC bought a new position in shares of JPMorgan Income ETF in the 4th quarter valued at about $13,374,000.

JPMorgan Income ETF Stock Up 0.3 %

Shares of NYSEARCA:JPIE traded up $0.12 during trading on Thursday, reaching $45.03. The company’s stock had a trading volume of 151,765 shares, compared to its average volume of 198,940. JPMorgan Income ETF has a 12 month low of $43.72 and a 12 month high of $46.05. The firm’s 50 day simple moving average is $45.23 and its two-hundred day simple moving average is $45.11.

JPMorgan Income ETF 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.