Menard Financial Group LLC Sells 389 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Menard Financial Group LLC decreased its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 2.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,386 shares of the company’s stock after selling 389 shares during the quarter. Menard Financial Group LLC owned approximately 0.06% of JPMorgan Income ETF worth $807,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Financial Gravity Asset Management Inc. purchased a new stake in shares of JPMorgan Income ETF during the 2nd quarter valued at $26,000. Private Trust Co. NA bought a new position in shares of JPMorgan Income ETF during the 3rd quarter valued at approximately $36,000. Whittier Trust Co. of Nevada Inc. increased its stake in shares of JPMorgan Income ETF by 95.1% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 921 shares of the company’s stock worth $42,000 after purchasing an additional 449 shares during the last quarter. LGT Financial Advisors LLC raised its holdings in shares of JPMorgan Income ETF by 75.4% in the 3rd quarter. LGT Financial Advisors LLC now owns 1,019 shares of the company’s stock worth $47,000 after purchasing an additional 438 shares during the period. Finally, CENTRAL TRUST Co grew its holdings in JPMorgan Income ETF by 107.3% during the third quarter. CENTRAL TRUST Co now owns 1,248 shares of the company’s stock valued at $58,000 after purchasing an additional 646 shares during the period.

JPMorgan Income ETF Stock Performance

Shares of JPIE opened at $45.76 on Wednesday. JPMorgan Income ETF has a 1 year low of $44.80 and a 1 year high of $46.43. The stock’s fifty day moving average price is $45.91 and its two-hundred day moving average price is $45.76.

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.