Family Asset Management LLC Sells 15,237 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Family Asset Management LLC cut its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 7.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 179,957 shares of the company’s stock after selling 15,237 shares during the period. JPMorgan Income ETF comprises approximately 5.5% of Family Asset Management LLC’s holdings, making the stock its 3rd biggest position. Family Asset Management LLC owned 1.45% of JPMorgan Income ETF worth $8,208,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of JPIE. Blue Chip Partners LLC increased its position in JPMorgan Income ETF by 495.8% in the fourth quarter. Blue Chip Partners LLC now owns 191,673 shares of the company’s stock worth $8,742,000 after buying an additional 159,501 shares during the period. Mather Group LLC. boosted its stake in JPMorgan Income ETF by 281.3% during the 4th quarter. Mather Group LLC. now owns 150,137 shares of the company’s stock valued at $6,848,000 after purchasing an additional 110,765 shares during the period. Eudaimonia Advisors LLC grew its position in JPMorgan Income ETF by 2.2% in the 4th quarter. Eudaimonia Advisors LLC now owns 52,760 shares of the company’s stock worth $2,406,000 after purchasing an additional 1,122 shares during the last quarter. Wagner Wealth Management LLC increased its stake in shares of JPMorgan Income ETF by 0.7% in the fourth quarter. Wagner Wealth Management LLC now owns 77,615 shares of the company’s stock valued at $3,540,000 after purchasing an additional 574 shares during the period. Finally, Rainsberger Wealth Advisors Inc. bought a new stake in shares of JPMorgan Income ETF during the fourth quarter valued at approximately $7,125,000.

JPMorgan Income ETF Stock Up 0.1 %

JPIE traded up $0.06 during trading hours on Monday, hitting $45.22. The company’s stock had a trading volume of 152,286 shares, compared to its average volume of 198,916. JPMorgan Income ETF has a fifty-two week low of $43.72 and a fifty-two week high of $46.01. The company has a 50-day simple moving average of $45.22 and a 200 day simple moving average of $45.14.

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.