Family Asset Management LLC Sells 15,237 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Family Asset Management LLC decreased its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 7.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 179,957 shares of the company’s stock after selling 15,237 shares during the quarter. JPMorgan Income ETF accounts for approximately 5.5% of Family Asset Management LLC’s holdings, making the stock its 3rd biggest holding. Family Asset Management LLC’s holdings in JPMorgan Income ETF were worth $8,208,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Syntegra Private Wealth Group LLC grew its holdings in shares of JPMorgan Income ETF by 0.5% during the fourth quarter. Syntegra Private Wealth Group LLC now owns 729,800 shares of the company’s stock worth $33,286,000 after purchasing an additional 3,285 shares during the last quarter. International Assets Investment Management LLC bought a new stake in JPMorgan Income ETF during the 4th quarter worth about $26,836,000. Diversified LLC increased its position in JPMorgan Income ETF by 3.5% in the 4th quarter. Diversified LLC now owns 385,051 shares of the company’s stock valued at $17,562,000 after acquiring an additional 13,072 shares in the last quarter. Planned Solutions Inc. bought a new position in shares of JPMorgan Income ETF in the fourth quarter worth about $13,495,000. Finally, Echo Wealth Management LLC acquired a new position in shares of JPMorgan Income ETF during the fourth quarter worth approximately $13,374,000.

JPMorgan Income ETF Price Performance

Shares of JPIE traded up $0.06 during mid-day trading on Monday, hitting $45.22. 152,286 shares of the company traded hands, compared to its average volume of 198,916. The business has a 50-day moving average of $45.22 and a 200 day moving average of $45.14. JPMorgan Income ETF has a one year low of $43.72 and a one year high of $46.01.

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.