LGT Financial Advisors LLC Sells 257 Shares of JPMorgan Income ETF $JPIE

LGT Financial Advisors LLC cut its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 27.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 695 shares of the company’s stock after selling 257 shares during the quarter. LGT Financial Advisors LLC’s holdings in JPMorgan Income ETF were worth $32,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of JPIE. Wagner Wealth Management LLC boosted its position in shares of JPMorgan Income ETF by 3.6% in the 2nd quarter. Wagner Wealth Management LLC now owns 656,341 shares of the company’s stock worth $30,402,000 after purchasing an additional 22,587 shares during the last quarter. Altus Wealth Management LLC lifted its stake in JPMorgan Income ETF by 1.1% in the second quarter. Altus Wealth Management LLC now owns 40,201 shares of the company’s stock valued at $1,862,000 after buying an additional 419 shares during the period. Focus Partners Wealth boosted its holdings in JPMorgan Income ETF by 72.6% during the first quarter. Focus Partners Wealth now owns 99,990 shares of the company’s stock worth $4,607,000 after buying an additional 42,063 shares during the last quarter. Peoples Bank OH grew its position in shares of JPMorgan Income ETF by 7.1% during the 1st quarter. Peoples Bank OH now owns 53,476 shares of the company’s stock worth $2,464,000 after buying an additional 3,553 shares during the period. Finally, Forefront Wealth Management Inc. acquired a new position in shares of JPMorgan Income ETF during the 2nd quarter worth about $2,996,000.

JPMorgan Income ETF Trading Up 0.0%

Shares of NYSEARCA:JPIE opened at $46.41 on Tuesday. The firm’s 50 day simple moving average is $46.39 and its 200 day simple moving average is $46.08. JPMorgan Income ETF has a fifty-two week low of $45.01 and a fifty-two week high of $46.57.

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.