Janney Montgomery Scott LLC reduced its position in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 6.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,034,259 shares of the company’s stock after selling 74,786 shares during the quarter. Janney Montgomery Scott LLC owned about 0.55% of JPMorgan Income ETF worth $47,648,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Global View Capital Management LLC increased its holdings in JPMorgan Income ETF by 3.3% during the 4th quarter. Global View Capital Management LLC now owns 6,945 shares of the company’s stock worth $321,000 after acquiring an additional 220 shares during the period. Steinberganna Wealth Management boosted its holdings in JPMorgan Income ETF by 1.8% in the 4th quarter. Steinberganna Wealth Management now owns 13,806 shares of the company’s stock valued at $639,000 after purchasing an additional 246 shares during the period. Fagan Associates Inc. grew its position in shares of JPMorgan Income ETF by 3.3% during the 4th quarter. Fagan Associates Inc. now owns 7,775 shares of the company’s stock valued at $360,000 after purchasing an additional 250 shares in the last quarter. Summit Wealth Partners LLC grew its position in shares of JPMorgan Income ETF by 3.9% during the 4th quarter. Summit Wealth Partners LLC now owns 7,012 shares of the company’s stock valued at $325,000 after purchasing an additional 260 shares in the last quarter. Finally, Mayfair Advisory Group LLC increased its holdings in shares of JPMorgan Income ETF by 3.1% in the fourth quarter. Mayfair Advisory Group LLC now owns 10,006 shares of the company’s stock worth $463,000 after purchasing an additional 300 shares during the period.
JPMorgan Income ETF Price Performance
JPMorgan Income ETF stock opened at $46.07 on Monday. JPMorgan Income ETF has a fifty-two week low of $45.77 and a fifty-two week high of $46.61. The firm’s fifty day moving average price is $46.02 and its 200-day moving average price is $46.19.
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. JPIE was launched on Oct 28, 2021 and is managed by JPMorgan Chase.
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