PFG Investments LLC Cuts Stock Holdings in JPMorgan Income ETF $JPIE

PFG Investments LLC lowered its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 25.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,598 shares of the company’s stock after selling 15,832 shares during the quarter. PFG Investments LLC’s holdings in JPMorgan Income ETF were worth $2,101,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jones Financial Companies Lllp acquired a new position in JPMorgan Income ETF in the 1st quarter valued at $555,000. EverSource Wealth Advisors LLC boosted its stake in JPMorgan Income ETF by 26.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $76,000 after purchasing an additional 343 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of JPMorgan Income ETF by 13.9% during the second quarter. NewEdge Advisors LLC now owns 149,989 shares of the company’s stock worth $6,948,000 after buying an additional 18,298 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of JPMorgan Income ETF by 21.1% during the second quarter. Raymond James Financial Inc. now owns 710,909 shares of the company’s stock worth $32,929,000 after buying an additional 123,935 shares in the last quarter. Finally, Vienna Asset Management LLC raised its position in shares of JPMorgan Income ETF by 21.8% in the second quarter. Vienna Asset Management LLC now owns 43,197 shares of the company’s stock valued at $2,001,000 after buying an additional 7,735 shares during the last quarter.

JPMorgan Income ETF Price Performance

NYSEARCA:JPIE opened at $45.89 on Friday. The company’s 50-day moving average price is $45.99 and its 200-day moving average price is $46.18. JPMorgan Income ETF has a twelve month low of $45.77 and a twelve month 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.