MN Wealth Advisors LLC Reduces Holdings in JPMorgan Income ETF $JPIE

MN Wealth Advisors LLC reduced its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 16.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,314 shares of the company’s stock after selling 11,190 shares during the quarter. JPMorgan Income ETF makes up 1.3% of MN Wealth Advisors LLC’s investment portfolio, making the stock its 17th largest position. MN Wealth Advisors LLC’s holdings in JPMorgan Income ETF were worth $2,653,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Imprint Wealth LLC purchased a new stake in shares of JPMorgan Income ETF during the third quarter worth about $33,000. ESL Trust Services LLC purchased a new stake in shares of JPMorgan Income ETF during the third quarter worth about $35,000. Central Pacific Bank Trust Division purchased a new stake in shares of JPMorgan Income ETF during the fourth quarter worth about $35,000. Wilmington Savings Fund Society FSB grew its holdings in shares of 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 buying an additional 429 shares in the last quarter. Finally, GGM Financials LLC acquired a new stake in shares of JPMorgan Income ETF in the third quarter worth approximately $43,000.

JPMorgan Income ETF Price Performance

JPIE opened at $46.14 on Friday. The company’s 50 day simple moving average is $46.16 and its 200 day simple moving average is $46.29. JPMorgan Income ETF has a 1 year low of $45.66 and a 1 year high of $46.61.

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.