LPL Financial LLC Sells 19,270 Shares of JPMorgan Income ETF $JPIE

LPL Financial LLC reduced its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 34.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,232 shares of the company’s stock after selling 19,270 shares during the period. LPL Financial LLC’s holdings in JPMorgan Income ETF were worth $1,669,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Centricity Wealth Management LLC lifted its holdings in shares of JPMorgan Income ETF by 245.4% in the 1st quarter. Centricity Wealth Management LLC now owns 753 shares of the company’s stock worth $35,000 after purchasing an additional 535 shares in the last quarter. LRI Investments LLC bought a new position in shares of JPMorgan Income ETF in the 1st quarter worth $39,000. EPG Wealth Management LLC bought a new position in shares of JPMorgan Income ETF in the 4th quarter worth $59,000. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of JPMorgan Income ETF by 58.5% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,460 shares of the company’s stock worth $67,000 after purchasing an additional 539 shares in the last quarter. Finally, Iron Horse Wealth Management LLC lifted its holdings in shares of JPMorgan Income ETF by 60.0% in the 1st quarter. Iron Horse Wealth Management LLC now owns 1,600 shares of the company’s stock worth $74,000 after purchasing an additional 600 shares in the last quarter.

JPMorgan Income ETF Trading Down 0.1%

Shares of JPIE opened at $46.29 on Friday. The business’s fifty day moving average is $46.15 and its 200 day moving average is $45.94. JPMorgan Income ETF has a 12-month low of $45.01 and a 12-month high of $46.43.

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.