Kingswood Wealth Advisors LLC Trims Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Kingswood Wealth Advisors LLC lessened its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 10.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 46,921 shares of the company’s stock after selling 5,249 shares during the quarter. Kingswood Wealth Advisors LLC owned about 0.16% of JPMorgan Income ETF worth $2,141,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Creative Planning purchased a new position in JPMorgan Income ETF in the 2nd quarter worth about $646,000. Cetera Investment Advisers boosted its stake in JPMorgan Income ETF by 35.1% in the 2nd quarter. Cetera Investment Advisers now owns 43,437 shares of the company’s stock worth $1,975,000 after purchasing an additional 11,295 shares in the last quarter. Prentice Wealth Management LLC grew its holdings in shares of JPMorgan Income ETF by 5.7% during the third quarter. Prentice Wealth Management LLC now owns 185,017 shares of the company’s stock valued at $8,583,000 after buying an additional 9,947 shares during the last quarter. Mather Group LLC. grew its stake in JPMorgan Income ETF by 7.5% during the 3rd quarter. Mather Group LLC. now owns 171,131 shares of the company’s stock valued at $7,939,000 after purchasing an additional 11,903 shares during the last quarter. Finally, Strategies Wealth Advisors LLC increased its holdings in JPMorgan Income ETF by 10.4% in the 3rd quarter. Strategies Wealth Advisors LLC now owns 98,236 shares of the company’s stock worth $4,557,000 after buying an additional 9,230 shares during the period.

JPMorgan Income ETF Trading Up 0.2 %

Shares of JPIE stock opened at $45.92 on Tuesday. JPMorgan Income ETF has a twelve month low of $44.80 and a twelve month high of $46.43. The stock has a 50 day moving average of $45.77 and a 200 day moving average of $45.87.

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.