International Assets Investment Management LLC cut its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 87.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,818 shares of the company’s stock after selling 25,698 shares during the quarter. International Assets Investment Management LLC’s holdings in JPMorgan Income ETF were worth $171,000 at the end of the most recent reporting period.
Other hedge funds have also bought and sold shares of the company. Rice Partnership LLC bought a new stake in JPMorgan Income ETF during the first quarter valued at $30,000. MADDEN SECURITIES Corp bought a new position in shares of JPMorgan Income ETF in the 3rd quarter worth about $31,000. Torren Management LLC bought a new position in shares of JPMorgan Income ETF in the 1st quarter worth about $34,000. Kings Path Partners LLC acquired a new position in shares of JPMorgan Income ETF in the 3rd quarter valued at about $62,000. Finally, GK Wealth Management LLC acquired a new position in shares of JPMorgan Income ETF in the 3rd quarter valued at about $67,000.
JPMorgan Income ETF Price Performance
Shares of JPMorgan Income ETF stock remained flat at $45.18 on Friday. The company had a trading volume of 1,994,752 shares, compared to its average volume of 1,567,460. JPMorgan Income ETF has a 52 week low of $44.58 and a 52 week high of $46.61. The firm’s 50 day moving average price is $45.14 and its two-hundred day moving average price is $45.83.
JPMorgan Income ETF Company 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. JPIE was launched on Oct 28, 2021 and is managed by JPMorgan Chase.
Featured Stories
- Five stocks we like better than JPMorgan Income ETF
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
- Airbnb Defied a Brutal Tech Sell-Off, But Can Its Post-Earnings Rally Last?
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.
