Echo Wealth Management LLC Has $20.08 Million Stock Holdings in JPMorgan Income ETF (NYSEARCA:JPIE)

Echo Wealth Management LLC increased its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIEFree Report) by 1.3% during the 4th quarter, HoldingsChannel reports. The firm owned 440,061 shares of the company’s stock after purchasing an additional 5,719 shares during the period. JPMorgan Income ETF comprises approximately 13.9% of Echo Wealth Management LLC’s holdings, making the stock its largest holding. Echo Wealth Management LLC’s holdings in JPMorgan Income ETF were worth $20,076,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Private Trust Co. NA bought a new stake in shares of JPMorgan Income ETF during the third quarter worth $36,000. Wilmington Savings Fund Society FSB bought a new stake in JPMorgan Income ETF in the 3rd quarter valued at approximately $38,000. LGT Financial Advisors LLC grew its stake in shares of JPMorgan Income ETF by 75.4% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,019 shares of the company’s stock worth $47,000 after acquiring an additional 438 shares in the last quarter. CENTRAL TRUST Co raised its holdings in shares of JPMorgan Income ETF by 107.3% in the third quarter. CENTRAL TRUST Co now owns 1,248 shares of the company’s stock valued at $58,000 after purchasing an additional 646 shares during the last quarter. Finally, Sunbelt Securities Inc. bought a new stake in shares of JPMorgan Income ETF in the third quarter worth $65,000.

JPMorgan Income ETF Trading Up 0.0 %

Shares of JPIE stock opened at $45.85 on Friday. The firm’s fifty day moving average price is $45.77 and its two-hundred day moving average price is $45.87. JPMorgan Income ETF has a 1 year low of $44.80 and a 1 year high of $46.43.

About JPMorgan Income ETF

(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.

Recommended Stories

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:JPIEFree Report).

Institutional Ownership by Quarter for JPMorgan Income ETF (NYSEARCA:JPIE)

Receive News & Ratings for JPMorgan Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.