MN Wealth Advisors LLC Trims Holdings in JPMorgan Income ETF $JPIE

MN Wealth Advisors LLC reduced its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 16.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 57,314 shares of the company’s stock after selling 11,190 shares during the period. JPMorgan Income ETF comprises 1.3% of MN Wealth Advisors LLC’s investment portfolio, making the stock its 17th largest holding. MN Wealth Advisors LLC’s holdings in JPMorgan Income ETF were worth $2,653,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Imprint Wealth LLC acquired a new position in shares of JPMorgan Income ETF in the 3rd quarter valued at $33,000. ESL Trust Services LLC acquired a new position in shares of JPMorgan Income ETF in the 3rd quarter valued at $35,000. Central Pacific Bank Trust Division acquired a new position in shares of JPMorgan Income ETF in the 4th quarter valued at $35,000. Wilmington Savings Fund Society FSB boosted its stake in JPMorgan Income ETF by 95.1% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 880 shares of the company’s stock worth $41,000 after purchasing an additional 429 shares during the period. Finally, GGM Financials LLC acquired a new stake in JPMorgan Income ETF during the 3rd quarter worth $43,000.

JPMorgan Income ETF Price Performance

JPIE stock opened at $46.14 on Friday. The company’s 50-day moving average price is $46.16 and its 200 day moving average price is $46.29. JPMorgan Income ETF has a 52 week low of $45.66 and a 52 week high of $46.61.

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.