JPMorgan Income ETF $JPIE Stock: Syverson Strege & Co Lowers Position

Syverson Strege & Co decreased its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 16.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 60,884 shares of the company’s stock after selling 11,786 shares during the period. JPMorgan Income ETF accounts for 0.6% of Syverson Strege & Co’s portfolio, making the stock its 19th largest position. Syverson Strege & Co’s holdings in JPMorgan Income ETF were worth $2,733,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. Sequoia Financial Advisors LLC boosted its holdings in shares of JPMorgan Income ETF by 11.7% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 7,131,321 shares of the company’s stock valued at $328,397,000 after purchasing an additional 747,797 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of JPMorgan Income ETF by 16.5% during the 1st quarter. Bank of America Corp DE now owns 3,616,685 shares of the company’s stock worth $166,621,000 after buying an additional 513,347 shares during the last quarter. Waverly Advisors LLC increased its holdings in shares of JPMorgan Income ETF by 7.1% during the 2nd quarter. Waverly Advisors LLC now owns 2,667,808 shares of the company’s stock worth $122,853,000 after buying an additional 176,274 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan Income ETF by 1.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,634,836 shares of the company’s stock worth $121,334,000 after buying an additional 31,981 shares during the last quarter. Finally, Royal Bank of Canada raised its position in shares of JPMorgan Income ETF by 5.7% in the 1st quarter. Royal Bank of Canada now owns 2,287,927 shares of the company’s stock worth $105,405,000 after buying an additional 123,329 shares during the period.

JPMorgan Income ETF Stock Up 0.2%

Shares of JPIE opened at $45.18 on Friday. JPMorgan Income ETF has a twelve month low of $44.58 and a twelve month high of $46.61. The stock’s fifty day simple moving average is $45.16 and its 200 day simple moving average is $45.84.

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. JPIE was launched on Oct 28, 2021 and is managed by JPMorgan Chase.