Waterloo Capital L.P. Cuts Stock Holdings in JPMorgan Income ETF $JPIE

Waterloo Capital L.P. reduced its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 1.3% in the second quarter, Holdings Channel.com reports. The fund owned 169,919 shares of the company’s stock after selling 2,182 shares during the period. Waterloo Capital L.P.’s holdings in JPMorgan Income ETF were worth $7,871,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Bartlett & CO. Wealth Management LLC bought a new stake in shares of JPMorgan Income ETF in the 2nd quarter worth $121,000. CWM LLC purchased a new stake in shares of JPMorgan Income ETF during the first quarter valued at $130,000. Ameritas Advisory Services LLC bought a new stake in JPMorgan Income ETF in the 2nd quarter worth about $167,000. GWN Securities Inc. purchased a new position in JPMorgan Income ETF in the 2nd quarter worth about $202,000. Finally, Novem Group bought a new position in JPMorgan Income ETF during the 2nd quarter valued at about $209,000.

JPMorgan Income ETF Stock Up 0.2%

Shares of NYSEARCA JPIE opened at $46.37 on Friday. The firm’s 50-day moving average price is $46.34 and its 200-day moving average price is $46.19. JPMorgan Income ETF has a 52-week low of $45.01 and a 52-week high of $46.57.

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.