Opes Wealth Management LLC Reduces Stock Position in JPMorgan Income ETF $JPIE

Opes Wealth Management LLC lowered its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 8.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,274 shares of the company’s stock after selling 1,096 shares during the period. Opes Wealth Management LLC’s holdings in JPMorgan Income ETF were worth $569,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Wagner Wealth Management LLC raised its holdings in 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 in the last quarter. Altus Wealth Management LLC raised its holdings in JPMorgan Income ETF by 1.1% in the 2nd quarter. Altus Wealth Management LLC now owns 40,201 shares of the company’s stock worth $1,862,000 after purchasing an additional 419 shares in the last quarter. Focus Partners Wealth raised its holdings in JPMorgan Income ETF by 72.6% in the 1st quarter. Focus Partners Wealth now owns 99,990 shares of the company’s stock worth $4,607,000 after purchasing an additional 42,063 shares in the last quarter. Peoples Bank OH raised its holdings in JPMorgan Income ETF by 7.1% in the 1st quarter. Peoples Bank OH now owns 53,476 shares of the company’s stock worth $2,464,000 after purchasing an additional 3,553 shares in the last quarter. Finally, Forefront Wealth Management Inc. bought a new position in JPMorgan Income ETF in the 2nd quarter worth $2,996,000.

JPMorgan Income ETF Stock Performance

Shares of NYSEARCA JPIE opened at $46.42 on Friday. JPMorgan Income ETF has a 12 month low of $45.01 and a 12 month high of $46.57. The firm has a fifty day simple moving average of $46.39 and a two-hundred day simple moving average of $46.09.

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.