Financial Futures Ltd Liability Co. lessened its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 5.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 211,785 shares of the company’s stock after selling 12,830 shares during the period. JPMorgan Income ETF makes up approximately 3.5% of Financial Futures Ltd Liability Co.’s holdings, making the stock its 12th largest holding. Financial Futures Ltd Liability Co. owned approximately 0.09% of JPMorgan Income ETF worth $9,507,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. Fragasso Financial Advisors Inc bought a new position in JPMorgan Income ETF during the third quarter valued at $2,587,000. Fermata Advisors LLC bought a new stake in shares of JPMorgan Income ETF in the 3rd quarter worth about $365,000. Scott Capital Advisors LLC lifted its holdings in shares of JPMorgan Income ETF by 4.9% in the 3rd quarter. Scott Capital Advisors LLC now owns 627,371 shares of the company’s stock worth $28,112,000 after acquiring an additional 29,560 shares during the last quarter. Capital Advisors Wealth Management LLC lifted its holdings in shares of JPMorgan Income ETF by 33.3% in the 3rd quarter. Capital Advisors Wealth Management LLC now owns 949,910 shares of the company’s stock worth $42,641,000 after acquiring an additional 237,167 shares during the last quarter. Finally, GK Wealth Management LLC purchased a new position in shares of JPMorgan Income ETF during the 3rd quarter worth about $67,000.
JPMorgan Income ETF Price Performance
Shares of JPIE stock traded down $0.03 during trading hours on Tuesday, reaching $44.78. 1,230,100 shares of the stock were exchanged, compared to its average volume of 1,510,455. JPMorgan Income ETF has a 12-month low of $44.58 and a 12-month high of $46.61. The company’s 50-day moving average price is $45.45 and its 200-day moving average price is $45.79.
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. JPIE was launched on Oct 28, 2021 and is managed by JPMorgan Chase.
Featured Stories
- Five stocks we like better than JPMorgan Income ETF
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
- IonQ Fell 9% on a $1.3 Billion Deal—Is Wall Street Missing Something?
- JPMorgan Earnings Miss Estimates But Reveal Broad-Based Strength
Receive News & Ratings for JPMorgan Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
