Waterfront Wealth Inc. Sells 1,164 Shares of JPMorgan Income ETF $JPIE

Waterfront Wealth Inc. lessened its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 6.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,850 shares of the company’s stock after selling 1,164 shares during the quarter. Waterfront Wealth Inc.’s holdings in JPMorgan Income ETF were worth $734,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Income ETF by 1.3% during the 1st quarter. JPMorgan Chase & Co. now owns 5,067,492 shares of the company’s stock valued at $233,459,000 after acquiring an additional 66,672 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in JPMorgan Income ETF by 24.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 2,695,517 shares of the company’s stock worth $124,856,000 after buying an additional 536,335 shares during the last quarter. Heritage Financial Services LLC lifted its position in JPMorgan Income ETF by 1.1% in the 2nd quarter. Heritage Financial Services LLC now owns 2,205,824 shares of the company’s stock worth $102,174,000 after buying an additional 23,079 shares during the last quarter. Royal Bank of Canada lifted its position in JPMorgan Income ETF by 4.2% in the 1st quarter. Royal Bank of Canada now owns 1,961,739 shares of the company’s stock worth $90,377,000 after buying an additional 78,820 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in JPMorgan Income ETF by 83.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,598,821 shares of the company’s stock worth $74,057,000 after buying an additional 726,850 shares during the last quarter.

JPMorgan Income ETF Stock Performance

NYSEARCA:JPIE opened at $46.40 on Thursday. The business has a 50 day moving average of $46.40 and a 200 day moving average of $46.13. JPMorgan Income ETF has a 1-year low of $45.01 and a 1-year high of $46.57.

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.