JPMorgan Income ETF (NYSEARCA:JPIE) Short Interest Update

JPMorgan Income ETF (NYSEARCA:JPIE) was the recipient of a significant decline in short interest during the month of April. As of April 15th, there was short interest totaling 277,547 shares, a decline of 79.4% from the March 31st total of 1,345,468 shares. Based on an average trading volume of 1,101,579 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On JPMorgan Income ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. American Financial Advisors LLC grew its position in shares of JPMorgan Income ETF by 1,427.5% in the third quarter. American Financial Advisors LLC now owns 257,284 shares of the company’s stock valued at $11,941,000 after purchasing an additional 240,440 shares during the last quarter. MorganRosel Wealth Management LLC grew its position in shares of JPMorgan Income ETF by 22.5% in the third quarter. MorganRosel Wealth Management LLC now owns 147,741 shares of the company’s stock valued at $6,857,000 after purchasing an additional 27,107 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of JPMorgan Income ETF by 5.5% in the third quarter. Commonwealth Equity Services LLC now owns 401,410 shares of the company’s stock valued at $18,629,000 after purchasing an additional 21,085 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its position in shares of JPMorgan Income ETF by 33.1% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 130,053 shares of the company’s stock valued at $6,036,000 after purchasing an additional 32,374 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of JPMorgan Income ETF by 142.7% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 48,519 shares of the company’s stock valued at $2,252,000 after purchasing an additional 28,531 shares during the last quarter.

JPMorgan Income ETF Price Performance

JPIE traded up $0.05 on Friday, reaching $46.22. The company had a trading volume of 824,480 shares, compared to its average volume of 1,421,564. JPMorgan Income ETF has a 1 year low of $45.66 and a 1 year high of $46.61. The stock has a 50-day moving average price of $46.18 and a 200-day moving average price of $46.29.

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.