Firethorn Wealth Partners LLC Sells 662 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Firethorn Wealth Partners LLC cut its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 13.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,389 shares of the company’s stock after selling 662 shares during the period. Firethorn Wealth Partners LLC’s holdings in JPMorgan Income ETF were worth $200,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of JPIE. Stifel Financial Corp boosted its holdings in shares of JPMorgan Income ETF by 27.9% in the 3rd quarter. Stifel Financial Corp now owns 12,088 shares of the company’s stock worth $561,000 after buying an additional 2,634 shares during the last quarter. HighTower Advisors LLC lifted its position in JPMorgan Income ETF by 18.5% in the 3rd quarter. HighTower Advisors LLC now owns 12,456 shares of the company’s stock worth $578,000 after buying an additional 1,947 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of JPMorgan Income ETF by 19.0% during the second quarter. Envestnet Asset Management Inc. now owns 153,343 shares of the company’s stock valued at $6,971,000 after buying an additional 24,537 shares during the last quarter. Creative Planning bought a new position in shares of JPMorgan Income ETF during the second quarter valued at approximately $646,000. Finally, Planned Solutions Inc. boosted its holdings in JPMorgan Income ETF by 3.8% in the third quarter. Planned Solutions Inc. now owns 313,172 shares of the company’s stock worth $14,528,000 after acquiring an additional 11,404 shares in the last quarter.

JPMorgan Income ETF Stock Performance

Shares of NYSEARCA:JPIE opened at $45.85 on Friday. The business has a fifty day moving average price of $45.77 and a 200-day moving average price of $45.86. JPMorgan Income ETF has a 1-year low of $44.80 and a 1-year high of $46.43.

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.