JPMorgan Income ETF (NYSEARCA:JPIE) Shares Sold by Financial Management Professionals Inc.

Financial Management Professionals Inc. cut its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 3.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 213,006 shares of the company’s stock after selling 8,690 shares during the quarter. JPMorgan Income ETF accounts for 1.4% of Financial Management Professionals Inc.’s investment portfolio, making the stock its 19th largest position. Financial Management Professionals Inc. owned about 0.81% of JPMorgan Income ETF worth $9,705,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. CENTRAL TRUST Co increased its position in shares of JPMorgan Income ETF by 104.6% in the fourth quarter. CENTRAL TRUST Co now owns 673 shares of the company’s stock valued at $31,000 after buying an additional 344 shares in the last quarter. Iron Horse Wealth Management LLC purchased a new stake in shares of JPMorgan Income ETF in the fourth quarter valued at approximately $36,000. JFS Wealth Advisors LLC increased its position in shares of JPMorgan Income ETF by 12.0% in the fourth quarter. JFS Wealth Advisors LLC now owns 4,200 shares of the company’s stock valued at $192,000 after buying an additional 450 shares in the last quarter. Indie Asset Partners LLC purchased a new stake in shares of JPMorgan Income ETF in the fourth quarter valued at approximately $205,000. Finally, G&S Capital LLC purchased a new stake in shares of JPMorgan Income ETF in the fourth quarter valued at approximately $205,000.

JPMorgan Income ETF Stock Performance

JPMorgan Income ETF stock opened at $45.46 on Friday. JPMorgan Income ETF has a 12 month low of $43.72 and a 12 month high of $45.88. The business has a 50 day simple moving average of $45.27 and a 200-day simple moving average of $45.35.

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.