Axxcess Wealth Management LLC Sells 4,883 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Axxcess Wealth Management LLC reduced its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 6.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 76,361 shares of the company’s stock after selling 4,883 shares during the period. Axxcess Wealth Management LLC owned approximately 0.26% of JPMorgan Income ETF worth $3,479,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. CreativeOne Wealth LLC raised its position in shares of JPMorgan Income ETF by 22.7% during the 1st quarter. CreativeOne Wealth LLC now owns 28,476 shares of the company’s stock valued at $1,297,000 after buying an additional 5,262 shares in the last quarter. InterOcean Capital Group LLC purchased a new stake in JPMorgan Income ETF during the first quarter valued at approximately $476,000. Trustmark National Bank Trust Department lifted its stake in shares of JPMorgan Income ETF by 15.9% in the 1st quarter. Trustmark National Bank Trust Department now owns 41,047 shares of the company’s stock valued at $1,870,000 after purchasing an additional 5,624 shares during the last quarter. Delta Investment Management LLC boosted its holdings in shares of JPMorgan Income ETF by 33.2% in the 1st quarter. Delta Investment Management LLC now owns 19,564 shares of the company’s stock worth $891,000 after purchasing an additional 4,874 shares during the period. Finally, D Orazio & Associates Inc. increased its position in shares of JPMorgan Income ETF by 15.9% during the 1st quarter. D Orazio & Associates Inc. now owns 628,303 shares of the company’s stock valued at $28,625,000 after purchasing an additional 86,089 shares during the last quarter.

JPMorgan Income ETF Price Performance

Shares of JPIE stock traded up $0.09 during trading hours on Friday, reaching $45.75. 241,221 shares of the stock were exchanged, compared to its average volume of 209,645. JPMorgan Income ETF has a 12-month low of $43.72 and a 12-month high of $45.88. The company’s 50-day moving average price is $45.40 and its 200-day moving average price is $45.35.

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.