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

JPMorgan Income ETF (NYSEARCA:JPIEGet Free Report) saw an uptick in trading volume on Thursday . 1,417,465 shares traded hands during mid-day trading, an increase of 483% from the previous session’s volume of 242,943 shares.The stock last traded at $46.03 and had previously closed at $46.05.

JPMorgan Income ETF Stock Up 0.0 %

The stock has a fifty day moving average of $46.07 and a 200 day moving average of $45.59.

Institutional Trading of JPMorgan Income ETF

A number of large investors have recently added to or reduced their stakes in the company. Altus Wealth Management LLC increased its stake in JPMorgan Income ETF by 21.2% in the 3rd quarter. Altus Wealth Management LLC now owns 35,584 shares of the company’s stock worth $1,651,000 after acquiring an additional 6,220 shares during the last quarter. Addison Capital Co increased its stake in JPMorgan Income ETF by 72.0% in the 3rd quarter. Addison Capital Co now owns 8,433 shares of the company’s stock worth $391,000 after acquiring an additional 3,529 shares during the last quarter. Annapolis Financial Services LLC increased its stake in JPMorgan Income ETF by 30.0% in the 3rd quarter. Annapolis Financial Services LLC now owns 26,667 shares of the company’s stock worth $1,237,000 after acquiring an additional 6,160 shares during the last quarter. Firethorn Wealth Partners LLC bought a new stake in JPMorgan Income ETF in the 3rd quarter worth approximately $234,000. Finally, LaFleur & Godfrey LLC increased its stake in JPMorgan Income ETF by 10.9% in the 3rd quarter. LaFleur & Godfrey LLC now owns 12,065 shares of the company’s stock worth $560,000 after acquiring an additional 1,182 shares during the last quarter.

About JPMorgan Income ETF

(Get Free Report)

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.

Further Reading

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