Financial Futures Ltd Liability Co. lowered its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 5.7% in the third quarter, Holdings Channel.com reports. The fund owned 211,785 shares of the company’s stock after selling 12,830 shares during the quarter. JPMorgan Income ETF comprises 3.5% of Financial Futures Ltd Liability Co.’s portfolio, making the stock its 12th biggest holding. Financial Futures Ltd Liability Co.’s holdings in JPMorgan Income ETF were worth $9,507,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Sequoia Financial Advisors LLC lifted its position in shares of JPMorgan Income ETF by 11.7% during the second quarter. Sequoia Financial Advisors LLC now owns 7,131,321 shares of the company’s stock worth $328,397,000 after purchasing an additional 747,797 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of JPMorgan Income ETF by 16.5% during the first quarter. Bank of America Corp DE now owns 3,616,685 shares of the company’s stock valued at $166,621,000 after purchasing an additional 513,347 shares during the period. Waverly Advisors LLC boosted its stake in shares of JPMorgan Income ETF by 7.1% during the second quarter. Waverly Advisors LLC now owns 2,667,808 shares of the company’s stock valued at $122,853,000 after purchasing an additional 176,274 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of JPMorgan Income ETF by 1.2% during the second quarter. Envestnet Asset Management Inc. now owns 2,634,836 shares of the company’s stock valued at $121,334,000 after purchasing an additional 31,981 shares during the period. Finally, Royal Bank of Canada grew its holdings in shares of JPMorgan Income ETF by 5.7% in the first quarter. Royal Bank of Canada now owns 2,287,927 shares of the company’s stock worth $105,405,000 after purchasing an additional 123,329 shares during the last quarter.
JPMorgan Income ETF Trading Down 0.1%
Shares of NYSEARCA JPIE traded down $0.03 during mid-day trading on Tuesday, reaching $44.78. The company had a trading volume of 1,230,100 shares, compared to its average volume of 1,510,455. The business’s 50-day moving average is $45.45 and its 200-day moving average is $45.79. JPMorgan Income ETF has a 52 week low of $44.58 and a 52 week high of $46.61.
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.
Featured Stories
- Five stocks we like better than JPMorgan Income ETF
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
- IonQ Fell 9% on a $1.3 Billion Deal—Is Wall Street Missing Something?
- JPMorgan Earnings Miss Estimates But Reveal Broad-Based Strength
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:JPIE – Free Report).
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.
