JPMorgan Income ETF (NYSEARCA:JPIE) Stake Decreased by Gallacher Capital Management LLC

Gallacher Capital Management LLC cut its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 7.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 150,644 shares of the company’s stock after selling 11,823 shares during the quarter. JPMorgan Income ETF accounts for 3.8% of Gallacher Capital Management LLC’s portfolio, making the stock its 3rd biggest holding. Gallacher Capital Management LLC owned 1.21% of JPMorgan Income ETF worth $6,871,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of JPIE. CENTRAL TRUST Co boosted its position in JPMorgan Income ETF by 104.6% during the fourth quarter. CENTRAL TRUST Co now owns 673 shares of the company’s stock worth $31,000 after purchasing an additional 344 shares in the last quarter. Iron Horse Wealth Management LLC purchased a new stake in JPMorgan Income ETF during the fourth quarter worth $36,000. G&S Capital LLC purchased a new stake in JPMorgan Income ETF during the fourth quarter worth $205,000. Indie Asset Partners LLC purchased a new stake in JPMorgan Income ETF during the fourth quarter worth $205,000. Finally, Per Stirling Capital Management LLC. purchased a new stake in JPMorgan Income ETF during the third quarter worth $209,000.

JPMorgan Income ETF Stock Up 0.2 %

JPIE traded up $0.11 during trading on Friday, reaching $45.16. 206,694 shares of the stock were exchanged, compared to its average volume of 199,459. The business’s 50 day moving average price is $45.23 and its two-hundred day moving average price is $45.13. JPMorgan Income ETF has a 1 year low of $43.72 and a 1 year high of $46.05.

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.