Farther Finance Advisors LLC Has $570,000 Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Farther Finance Advisors LLC decreased its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 4.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,629 shares of the company’s stock after selling 649 shares during the period. Farther Finance Advisors LLC’s holdings in JPMorgan Income ETF were worth $570,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. International Assets Investment Management LLC acquired a new stake in JPMorgan Income ETF during the 4th quarter worth about $588,000. Truist Financial Corp grew its stake in JPMorgan Income ETF by 770.4% during the fourth quarter. Truist Financial Corp now owns 69,319 shares of the company’s stock worth $3,162,000 after purchasing an additional 61,355 shares during the period. Spire Wealth Management increased its holdings in JPMorgan Income ETF by 7.6% in the fourth quarter. Spire Wealth Management now owns 29,360 shares of the company’s stock worth $1,335,000 after purchasing an additional 2,068 shares in the last quarter. Private Advisor Group LLC lifted its stake in JPMorgan Income ETF by 154.8% in the fourth quarter. Private Advisor Group LLC now owns 183,847 shares of the company’s stock valued at $8,385,000 after buying an additional 111,695 shares during the period. Finally, Cary Street Partners Investment Advisory LLC lifted its stake in JPMorgan Income ETF by 33.3% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 67,214 shares of the company’s stock valued at $3,066,000 after buying an additional 16,783 shares during the period.

JPMorgan Income ETF Price Performance

Shares of JPIE stock opened at $45.89 on Wednesday. The firm has a 50 day moving average of $45.71 and a 200-day moving average of $45.42. JPMorgan Income ETF has a 52 week low of $43.72 and a 52 week high of $46.16.

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.