JPMorgan Income ETF $JPIE Shares Sold by PFG Investments LLC

PFG Investments LLC decreased its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 25.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 45,598 shares of the company’s stock after selling 15,832 shares during the quarter. PFG Investments LLC’s holdings in JPMorgan Income ETF were worth $2,101,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JPIE. Morgan Stanley grew its holdings in JPMorgan Income ETF by 25.8% in the 4th quarter. Morgan Stanley now owns 6,790,024 shares of the company’s stock valued at $314,310,000 after buying an additional 1,393,857 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of JPMorgan Income ETF by 45.9% during the 4th quarter. Wells Fargo & Company MN now owns 3,759,117 shares of the company’s stock worth $174,009,000 after acquiring an additional 1,181,828 shares during the period. Rockefeller Capital Management L.P. raised its holdings in shares of JPMorgan Income ETF by 1,680.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,131,981 shares of the company’s stock worth $52,399,000 after acquiring an additional 1,068,410 shares during the period. Sequoia Financial Advisors LLC boosted its position in shares of JPMorgan Income ETF by 21.3% during the 4th quarter. Sequoia Financial Advisors LLC now owns 5,592,163 shares of the company’s stock valued at $258,861,000 after acquiring an additional 982,593 shares during the last quarter. Finally, Williams Financial LLC boosted its position in shares of JPMorgan Income ETF by 131.0% during the 4th quarter. Williams Financial LLC now owns 1,053,702 shares of the company’s stock valued at $48,776,000 after acquiring an additional 597,595 shares during the last quarter.

JPMorgan Income ETF Price Performance

Shares of JPIE opened at $45.89 on Friday. JPMorgan Income ETF has a 12-month low of $45.77 and a 12-month high of $46.61. The firm has a 50-day moving average price of $45.99 and a 200 day moving average price of $46.18.

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.