Avantax Advisory Services Inc. Cuts Stock Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Avantax Advisory Services Inc. lowered its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 41.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 7,180 shares of the company’s stock after selling 5,144 shares during the quarter. Avantax Advisory Services Inc.’s holdings in JPMorgan Income ETF were worth $328,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. MidAtlantic Capital Management Inc. bought a new position in shares of JPMorgan Income ETF during the 4th quarter valued at $35,000. Private Trust Co. NA purchased a new stake in JPMorgan Income ETF in the third quarter worth $36,000. Wilmington Savings Fund Society FSB bought a new stake in shares of JPMorgan Income ETF during the 3rd quarter valued at about $38,000. Newbridge Financial Services Group Inc. grew its stake in JPMorgan Income ETF by 33.8% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 1,030 shares of the company’s stock worth $47,000 after purchasing an additional 260 shares during the period. Finally, Sunbelt Securities Inc. bought a new stake in shares of JPMorgan Income ETF during the 3rd quarter valued at $65,000.

JPMorgan Income ETF Stock Up 0.0 %

JPIE opened at $46.01 on Wednesday. The stock has a 50-day moving average price of $45.92 and a 200-day moving average price of $45.90. 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.