RFG Advisory LLC Sells 16,156 Shares of JPMorgan Income ETF $JPIE

RFG Advisory LLC trimmed its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 18.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 71,554 shares of the company’s stock after selling 16,156 shares during the period. RFG Advisory LLC’s holdings in JPMorgan Income ETF were worth $3,295,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in JPIE. Morgan Stanley increased its position in JPMorgan Income ETF by 25.8% during the 4th quarter. Morgan Stanley now owns 6,790,024 shares of the company’s stock valued at $314,310,000 after buying an additional 1,393,857 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of JPMorgan Income ETF by 45.9% in the fourth quarter. Wells Fargo & Company MN now owns 3,759,117 shares of the company’s stock worth $174,009,000 after acquiring an additional 1,181,828 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of JPMorgan Income ETF by 1,680.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,131,981 shares of the company’s stock worth $52,399,000 after acquiring an additional 1,068,410 shares during the last quarter. Arkadios Wealth Advisors increased its holdings in shares of JPMorgan Income ETF by 301.2% during the first quarter. Arkadios Wealth Advisors now owns 1,203,036 shares of the company’s stock valued at $55,424,000 after acquiring an additional 903,176 shares in the last quarter. Finally, Sequoia Financial Advisors LLC raised its position in shares of JPMorgan Income ETF by 14.2% in the 1st quarter. Sequoia Financial Advisors LLC now owns 6,383,524 shares of the company’s stock worth $294,089,000 after purchasing an additional 791,361 shares during the last quarter.

JPMorgan Income ETF Trading Down 0.0%

Shares of JPMorgan Income ETF stock opened at $45.56 on Thursday. The firm’s 50-day moving average is $45.82 and its 200 day moving average is $45.98. JPMorgan Income ETF has a 1 year low of $45.54 and a 1 year high of $46.61.

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. JPIE was launched on Oct 28, 2021 and is managed by JPMorgan Chase.