JPMorgan Income ETF $JPIE Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. decreased its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 3.9% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 324,347 shares of the company’s stock after selling 13,260 shares during the period. Geneos Wealth Management Inc.’s holdings in JPMorgan Income ETF were worth $14,943,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Global View Capital Management LLC increased its position in shares of JPMorgan Income ETF by 3.3% during the fourth quarter. Global View Capital Management LLC now owns 6,945 shares of the company’s stock worth $321,000 after acquiring an additional 220 shares during the last quarter. Steinberganna Wealth Management boosted its holdings in JPMorgan Income ETF by 1.8% in the fourth quarter. Steinberganna Wealth Management now owns 13,806 shares of the company’s stock valued at $639,000 after purchasing an additional 246 shares during the last quarter. Fagan Associates Inc. boosted its holdings in JPMorgan Income ETF by 3.3% in the fourth quarter. Fagan Associates Inc. now owns 7,775 shares of the company’s stock valued at $360,000 after purchasing an additional 250 shares during the last quarter. Summit Wealth Partners LLC grew its stake in JPMorgan Income ETF by 3.9% during the 4th quarter. Summit Wealth Partners LLC now owns 7,012 shares of the company’s stock valued at $325,000 after purchasing an additional 260 shares in the last quarter. Finally, Archer Investment Corp grew its stake in JPMorgan Income ETF by 9.1% during the 1st quarter. Archer Investment Corp now owns 3,577 shares of the company’s stock valued at $165,000 after purchasing an additional 297 shares in the last quarter.

JPMorgan Income ETF Stock Performance

JPIE stock opened at $45.93 on Thursday. The stock’s 50 day moving average is $45.95 and its two-hundred day moving average is $46.15. JPMorgan Income ETF has a 52-week low of $45.77 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.