JPMorgan Income ETF $JPIE Shares Sold by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. cut its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 16.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 546,067 shares of the company’s stock after selling 107,605 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in JPMorgan Income ETF were worth $25,277,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JPIE. Imprint Wealth LLC acquired a new position in JPMorgan Income ETF during the third quarter worth $33,000. ESL Trust Services LLC acquired a new position in JPMorgan Income ETF during the third quarter worth $35,000. Central Pacific Bank Trust Division acquired a new position in JPMorgan Income ETF during the fourth quarter worth $35,000. Wilmington Savings Fund Society FSB raised its holdings in JPMorgan Income ETF by 95.1% during the third quarter. Wilmington Savings Fund Society FSB now owns 880 shares of the company’s stock worth $41,000 after purchasing an additional 429 shares during the last quarter. Finally, GGM Financials LLC purchased a new position in JPMorgan Income ETF during the third quarter worth $43,000.

JPMorgan Income ETF Price Performance

JPMorgan Income ETF stock opened at $45.93 on Friday. The stock has a fifty day moving average of $46.04 and a two-hundred day moving average of $46.25. JPMorgan Income ETF has a fifty-two week low of $45.76 and a fifty-two week high of $46.61.

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