JPMorgan Income ETF (NYSEARCA:JPIE) Shares Sold by 49 Wealth Management LLC

49 Wealth Management LLC reduced its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 33.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,701 shares of the company’s stock after selling 7,270 shares during the period. 49 Wealth Management LLC owned about 0.05% of JPMorgan Income ETF worth $682,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mount Yale Investment Advisors LLC boosted its stake in shares of JPMorgan Income ETF by 3.8% during the second quarter. Mount Yale Investment Advisors LLC now owns 266,769 shares of the company’s stock valued at $12,127,000 after acquiring an additional 9,848 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of JPMorgan Income ETF by 43.9% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 22,133 shares of the company’s stock worth $1,006,000 after purchasing an additional 6,754 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its position in shares of JPMorgan Income ETF by 21.3% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 36,175 shares of the company’s stock valued at $1,645,000 after purchasing an additional 6,363 shares during the period. Diversify Advisory Services LLC acquired a new position in JPMorgan Income ETF in the second quarter valued at $635,000. Finally, Envestnet Asset Management Inc. lifted its position in JPMorgan Income ETF by 19.0% during the second quarter. Envestnet Asset Management Inc. now owns 153,343 shares of the company’s stock worth $6,971,000 after buying an additional 24,537 shares during the period.

JPMorgan Income ETF Stock Performance

JPIE opened at $45.75 on Friday. JPMorgan Income ETF has a 12 month low of $44.57 and a 12 month high of $46.43. The business has a 50-day moving average of $45.98 and a two-hundred day moving average of $45.72.

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.