HUB Investment Partners LLC lowered its position in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 6.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,480 shares of the company’s stock after selling 2,937 shares during the quarter. HUB Investment Partners LLC owned approximately 0.14% of JPMorgan Income ETF worth $1,892,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. MidAtlantic Capital Management Inc. purchased a new position in JPMorgan Income ETF in the fourth quarter valued at about $35,000. Private Trust Co. NA purchased a new position in JPMorgan Income ETF in the third quarter valued at about $36,000. Wilmington Savings Fund Society FSB purchased a new position in JPMorgan Income ETF in the third quarter valued at about $38,000. Newbridge Financial Services Group Inc. grew its stake in JPMorgan Income ETF by 33.8% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 1,030 shares of the company’s stock valued at $47,000 after purchasing an additional 260 shares in the last quarter. Finally, Sunbelt Securities Inc. purchased a new position in JPMorgan Income ETF in the third quarter valued at about $65,000.
JPMorgan Income ETF Stock Performance
Shares of NYSEARCA JPIE opened at $46.01 on Friday. The business’s 50-day moving average price is $45.89 and its two-hundred day moving average price is $45.90. JPMorgan Income ETF has a one year low of $44.80 and a one year high of $46.43.
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.
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