Janney Capital Management LLC Sells 2,272 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Janney Capital Management LLC cut its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 4.4% during the 4th quarter, Holdings Channel reports. The fund owned 48,878 shares of the company’s stock after selling 2,272 shares during the period. Janney Capital Management LLC’s holdings in JPMorgan Income ETF were worth $2,230,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of JPIE. Envestnet Asset Management Inc. increased its position in shares of 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 acquiring an additional 24,537 shares in the last quarter. Delta Investment Management LLC increased its holdings in JPMorgan Income ETF by 7.3% during the 2nd quarter. Delta Investment Management LLC now owns 20,998 shares of the company’s stock worth $955,000 after purchasing an additional 1,434 shares in the last quarter. Daymark Wealth Partners LLC raised its stake in shares of JPMorgan Income ETF by 26.7% in the second quarter. Daymark Wealth Partners LLC now owns 169,269 shares of the company’s stock worth $7,695,000 after purchasing an additional 35,630 shares during the last quarter. Creative Planning bought a new position in shares of JPMorgan Income ETF in the second quarter valued at approximately $646,000. Finally, Cetera Investment Advisers lifted its stake in JPMorgan Income ETF by 35.1% during the 2nd quarter. Cetera Investment Advisers now owns 43,437 shares of the company’s stock valued at $1,975,000 after acquiring an additional 11,295 shares in the last quarter.

JPMorgan Income ETF Stock Up 0.1 %

Shares of JPIE stock opened at $45.85 on Wednesday. JPMorgan Income ETF has a 52-week low of $44.80 and a 52-week high of $46.43. The company has a 50-day simple moving average of $45.75 and a two-hundred day simple moving average of $45.86.

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.