Comerica Bank Purchases 16,794 Shares of JPMorgan Income ETF $JPIE

Comerica Bank boosted its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 259.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,269 shares of the company’s stock after acquiring an additional 16,794 shares during the period. Comerica Bank’s holdings in JPMorgan Income ETF were worth $1,072,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in JPIE. Waverly Advisors LLC boosted its holdings in JPMorgan Income ETF by 147.5% in the fourth quarter. Waverly Advisors LLC now owns 987,428 shares of the company’s stock worth $45,046,000 after acquiring an additional 588,453 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in JPMorgan Income ETF by 150.9% in the first quarter. Envestnet Asset Management Inc. now owns 871,971 shares of the company’s stock worth $40,172,000 after acquiring an additional 524,416 shares in the last quarter. Williams Financial LLC bought a new position in shares of JPMorgan Income ETF in the first quarter valued at approximately $18,353,000. Cornerstone Advisory LLC lifted its holdings in shares of JPMorgan Income ETF by 425.6% in the fourth quarter. Cornerstone Advisory LLC now owns 491,865 shares of the company’s stock valued at $22,577,000 after purchasing an additional 398,276 shares in the last quarter. Finally, Sequoia Financial Advisors LLC lifted its holdings in shares of JPMorgan Income ETF by 21.2% in the first quarter. Sequoia Financial Advisors LLC now owns 2,159,182 shares of the company’s stock valued at $99,474,000 after purchasing an additional 377,406 shares in the last quarter.

JPMorgan Income ETF Stock Performance

JPIE stock opened at $46.48 on Friday. JPMorgan Income ETF has a twelve month low of $45.01 and a twelve month high of $46.57. The stock’s 50 day moving average is $46.24 and its 200-day moving average is $45.99.

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.