JPMorgan Income ETF (NYSEARCA:JPIE) Stock Holdings Trimmed by Lionsbridge Wealth Management LLC

Lionsbridge Wealth Management LLC cut its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 13.5% in the third quarter, HoldingsChannel reports. The institutional investor owned 160,236 shares of the company’s stock after selling 24,975 shares during the quarter. JPMorgan Income ETF makes up about 5.9% of Lionsbridge Wealth Management LLC’s holdings, making the stock its 2nd largest holding. Lionsbridge Wealth Management LLC’s holdings in JPMorgan Income ETF were worth $7,433,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in the business. Financial Gravity Asset Management Inc. acquired a new position in shares of JPMorgan Income ETF during the second quarter valued at about $26,000. Whittier Trust Co. of Nevada Inc. grew its position in JPMorgan Income ETF by 95.1% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 921 shares of the company’s stock worth $42,000 after purchasing an additional 449 shares during the last quarter. 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 valued at $47,000 after purchasing an additional 438 shares in the last quarter. CENTRAL TRUST Co raised its holdings in shares of JPMorgan Income ETF by 107.3% in the third quarter. CENTRAL TRUST Co now owns 1,248 shares of the company’s stock worth $58,000 after buying an additional 646 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of JPMorgan Income ETF by 63.6% during the first quarter. EverSource Wealth Advisors LLC now owns 1,456 shares of the company’s stock worth $66,000 after buying an additional 566 shares during the period.

JPMorgan Income ETF Price Performance

Shares of JPIE opened at $45.73 on Friday. The company’s fifty day moving average price is $46.04 and its 200-day moving average price is $45.68. JPMorgan Income ETF has a 1-year low of $44.07 and a 1-year high of $46.43.

JPMorgan Income ETF 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.