JPMorgan Income ETF (NYSEARCA:JPIE) Sees Strong Trading Volume – Here’s What Happened

JPMorgan Income ETF (NYSEARCA:JPIE) shares saw an uptick in trading volume on Monday . 728,147 shares were traded during mid-day trading, an increase of 85% from the previous session’s volume of 393,455 shares.The stock last traded at $45.65 and had previously closed at $45.65.

JPMorgan Income ETF Trading Down 0.1 %

The firm has a fifty day simple moving average of $45.76 and a 200-day simple moving average of $45.84.

Institutional Trading of JPMorgan Income ETF

Several institutional investors have recently added to or reduced their stakes in the company. Private Trust Co. NA bought a new position in shares of JPMorgan Income ETF during the third quarter worth approximately $36,000. Wilmington Savings Fund Society FSB bought a new position in JPMorgan Income ETF during the 3rd quarter worth $38,000. LGT Financial Advisors LLC increased its stake in JPMorgan Income ETF by 75.4% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,019 shares of the company’s stock worth $47,000 after acquiring an additional 438 shares during the period. CENTRAL TRUST Co raised its holdings in JPMorgan Income ETF by 107.3% in the 3rd quarter. CENTRAL TRUST Co now owns 1,248 shares of the company’s stock valued at $58,000 after acquiring an additional 646 shares in the last quarter. Finally, Sunbelt Securities Inc. bought a new stake in shares of JPMorgan Income ETF during the 3rd quarter valued at $65,000.

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.