JPMorgan Income ETF (NYSEARCA:JPIE) Short Interest Update

JPMorgan Income ETF (NYSEARCA:JPIE) was the recipient of a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 46,470 shares, a decline of 94.5% from the February 26th total of 846,656 shares. Based on an average daily trading volume, of 1,447,476 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 1,447,476 shares, the days-to-cover ratio is presently 0.0 days.

JPMorgan Income ETF Stock Performance

Shares of NYSEARCA:JPIE traded up $0.09 during mid-day trading on Wednesday, hitting $46.01. The company had a trading volume of 1,290,410 shares, compared to its average volume of 1,535,272. JPMorgan Income ETF has a one year low of $45.01 and a one year high of $46.61. The firm has a fifty day moving average price of $46.33 and a 200 day moving average price of $46.35.

JPMorgan Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.2082 per share. This is an increase from JPMorgan Income ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a dividend yield of 5.4%. The ex-dividend date was Monday, March 2nd.

Institutional Trading of JPMorgan Income ETF

Several large investors have recently made changes to their positions in the company. Huntington National Bank acquired a new position in JPMorgan Income ETF during the 4th quarter worth approximately $26,000. Parkworth Wealth Management Inc. acquired a new stake in JPMorgan Income ETF in the second quarter valued at approximately $29,000. Imprint Wealth LLC bought a new stake in shares of JPMorgan Income ETF during the third quarter valued at approximately $33,000. ESL Trust Services LLC bought a new stake in shares of JPMorgan Income ETF during the third quarter valued at approximately $35,000. Finally, Central Pacific Bank Trust Division acquired a new position in shares of JPMorgan Income ETF during the fourth quarter worth approximately $35,000.

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.