Elevation Point Wealth Partners LLC Sells 10,803 Shares of JPMorgan Income ETF $JPIE

Elevation Point Wealth Partners LLC decreased its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 3.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 310,331 shares of the company’s stock after selling 10,803 shares during the period. JPMorgan Income ETF makes up 1.1% of Elevation Point Wealth Partners LLC’s investment portfolio, making the stock its 12th largest position. Elevation Point Wealth Partners LLC’s holdings in JPMorgan Income ETF were worth $14,375,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Hicks Capital Management LLC purchased a new stake in shares of JPMorgan Income ETF during the second quarter worth $533,000. Altus Wealth Management LLC raised its stake in shares of JPMorgan Income ETF by 1.1% during the 2nd quarter. Altus Wealth Management LLC now owns 40,201 shares of the company’s stock valued at $1,862,000 after purchasing an additional 419 shares during the period. Wagner Wealth Management LLC lifted its holdings in JPMorgan Income ETF by 3.6% during the 2nd quarter. Wagner Wealth Management LLC now owns 656,341 shares of the company’s stock worth $30,402,000 after purchasing an additional 22,587 shares in the last quarter. Focus Partners Wealth lifted its holdings in JPMorgan Income ETF by 72.6% during the 1st quarter. Focus Partners Wealth now owns 99,990 shares of the company’s stock worth $4,607,000 after purchasing an additional 42,063 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in JPMorgan Income ETF by 83.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,598,821 shares of the company’s stock worth $74,057,000 after purchasing an additional 726,850 shares during the period.

JPMorgan Income ETF Stock Up 0.0%

JPIE stock opened at $46.46 on Thursday. The stock has a 50-day simple moving average of $46.34 and a two-hundred day simple moving average of $46.21. JPMorgan Income ETF has a twelve month low of $45.01 and a twelve month high of $46.57.

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.