JPMorgan Income ETF (NYSEARCA:JPIE) Shares Sold by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. decreased its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 3.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 541,327 shares of the company’s stock after selling 19,872 shares during the period. JPMorgan Income ETF comprises 0.8% of Vestmark Advisory Solutions Inc.’s investment portfolio, making the stock its 20th biggest position. Vestmark Advisory Solutions Inc. owned approximately 1.88% of JPMorgan Income ETF worth $24,695,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of JPIE. MidAtlantic Capital Management Inc. purchased a new position in JPMorgan Income ETF during the 4th quarter worth approximately $35,000. Private Trust Co. NA acquired a new position in shares of JPMorgan Income ETF during the third quarter worth about $36,000. Wilmington Savings Fund Society FSB acquired a new position in shares of JPMorgan Income ETF in the third quarter worth about $38,000. LGT Financial Advisors LLC raised its stake in JPMorgan Income ETF by 75.4% during the third quarter. LGT Financial Advisors LLC now owns 1,019 shares of the company’s stock valued at $47,000 after buying an additional 438 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. grew its holdings in shares of JPMorgan Income ETF by 33.8% during 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 during the last quarter.

JPMorgan Income ETF Price Performance

JPIE opened at $45.98 on Thursday. The business has a fifty day simple moving average of $45.83 and a 200-day simple moving average of $45.91. JPMorgan Income ETF has a fifty-two week low of $44.80 and a fifty-two week 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.