Farther Finance Advisors LLC trimmed its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 17.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,935 shares of the company’s stock after selling 2,334 shares during the quarter. Farther Finance Advisors LLC’s holdings in JPMorgan Income ETF were worth $507,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Fortress Wealth Management Inc. increased its stake in JPMorgan Income ETF by 7.2% in the 2nd quarter. Fortress Wealth Management Inc. now owns 341,851 shares of the company’s stock valued at $15,835,000 after buying an additional 22,846 shares during the last quarter. American Financial Advisors LLC acquired a new position in shares of JPMorgan Income ETF in the 2nd quarter valued at approximately $780,000. Lineweaver Wealth Advisors LLC raised its position in shares of JPMorgan Income ETF by 7.4% in the 2nd quarter. Lineweaver Wealth Advisors LLC now owns 502,695 shares of the company’s stock valued at $23,285,000 after buying an additional 34,481 shares in the last quarter. Chesley Taft & Associates LLC bought a new stake in shares of JPMorgan Income ETF during the second quarter worth $2,691,000. Finally, Krilogy Financial LLC grew its stake in shares of JPMorgan Income ETF by 1.0% during the second quarter. Krilogy Financial LLC now owns 60,339 shares of the company’s stock worth $2,795,000 after buying an additional 576 shares during the last quarter.
JPMorgan Income ETF Stock Performance
Shares of NYSEARCA JPIE opened at $46.43 on Friday. JPMorgan Income ETF has a 52-week low of $45.01 and a 52-week high of $46.57. The firm has a 50 day moving average price of $46.35 and a two-hundred day moving average price of $46.04.
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.
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