JPMorgan Income ETF $JPIE is Paladin Advisory Group LLC’s 10th Largest Position

Paladin Advisory Group LLC decreased its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 13.6% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 80,403 shares of the company’s stock after selling 12,684 shares during the quarter. JPMorgan Income ETF makes up about 2.8% of Paladin Advisory Group LLC’s holdings, making the stock its 10th biggest position. Paladin Advisory Group LLC’s holdings in JPMorgan Income ETF were worth $3,704,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Huntington National Bank acquired a new position in JPMorgan Income ETF in the 4th quarter worth about $26,000. Imprint Wealth LLC acquired a new stake in shares of JPMorgan Income ETF during the 3rd quarter valued at about $33,000. Torren Management LLC bought a new stake in shares of JPMorgan Income ETF in the 1st quarter valued at approximately $34,000. MidAtlantic Capital Management Inc. bought a new stake in shares of JPMorgan Income ETF in the 4th quarter valued at approximately $35,000. Finally, Central Pacific Bank Trust Division acquired a new position in JPMorgan Income ETF in the fourth quarter worth approximately $35,000.

JPMorgan Income ETF Stock Performance

NYSEARCA:JPIE remained flat at $45.87 during mid-day trading on Friday. The company had a trading volume of 1,053,566 shares, compared to its average volume of 1,436,194. The company has a fifty day moving average of $45.96 and a 200 day moving average of $46.16. JPMorgan Income ETF has a 12-month low of $45.77 and a 12-month high of $46.61.

About JPMorgan Income ETF

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. JPIE was launched on Oct 28, 2021 and is managed by JPMorgan Chase.