JPMorgan Income ETF $JPIE Shares Sold by CoreCap Advisors LLC

CoreCap Advisors LLC trimmed its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 96.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,014 shares of the company’s stock after selling 29,971 shares during the quarter. CoreCap Advisors LLC’s holdings in JPMorgan Income ETF were worth $47,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in JPMorgan Income ETF by 8.4% during the third quarter. JPMorgan Chase & Co. now owns 7,429,426 shares of the company’s stock worth $344,800,000 after purchasing an additional 578,800 shares during the period. Sequoia Financial Advisors LLC boosted its stake in shares of JPMorgan Income ETF by 71.0% in the third quarter. Sequoia Financial Advisors LLC now owns 4,609,570 shares of the company’s stock valued at $213,930,000 after purchasing an additional 1,914,053 shares during the period. Savant Capital LLC boosted its stake in shares of JPMorgan Income ETF by 10.2% in the third quarter. Savant Capital LLC now owns 3,538,263 shares of the company’s stock valued at $164,211,000 after purchasing an additional 328,043 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of JPMorgan Income ETF by 52.5% in the third quarter. Envestnet Asset Management Inc. now owns 2,438,090 shares of the company’s stock valued at $113,152,000 after purchasing an additional 839,269 shares in the last quarter. Finally, Heritage Financial Services LLC grew its holdings in shares of JPMorgan Income ETF by 4.5% in the third quarter. Heritage Financial Services LLC now owns 2,305,382 shares of the company’s stock valued at $106,993,000 after purchasing an additional 99,558 shares in the last quarter.

JPMorgan Income ETF Price Performance

Shares of JPIE opened at $45.91 on Friday. JPMorgan Income ETF has a fifty-two week low of $45.01 and a fifty-two week high of $46.61. The firm’s 50 day moving average price is $46.26 and its 200 day moving average price is $46.32.

JPMorgan Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.2082 dividend. This represents a c) annualized dividend and a dividend yield of 5.4%. This is a positive change from JPMorgan Income ETF’s previous monthly dividend of $0.20. The ex-dividend date was Monday, March 2nd.

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.