TCG Advisory Services LLC Trims Position in JPMorgan Income ETF (NYSEARCA:JPIE)

TCG Advisory Services LLC trimmed its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 6.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 47,366 shares of the company’s stock after selling 3,195 shares during the quarter. TCG Advisory Services LLC’s holdings in JPMorgan Income ETF were worth $2,160,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JPIE. International Assets Investment Management LLC bought a new stake in shares of JPMorgan Income ETF in the 4th quarter valued at about $26,836,000. Planned Solutions Inc. acquired a new position in JPMorgan Income ETF during the fourth quarter valued at $13,495,000. Echo Wealth Management LLC acquired a new position in shares of JPMorgan Income ETF in the 4th quarter valued at about $13,374,000. Scott Capital Advisors LLC boosted its position in JPMorgan Income ETF by 610.9% in the 4th quarter. Scott Capital Advisors LLC now owns 288,412 shares of the company’s stock worth $13,154,000 after purchasing an additional 247,843 shares in the last quarter. Finally, Blue Chip Partners LLC grew its position in JPMorgan Income ETF by 495.8% during the fourth quarter. Blue Chip Partners LLC now owns 191,673 shares of the company’s stock valued at $8,742,000 after buying an additional 159,501 shares during the period.

JPMorgan Income ETF Price Performance

Shares of JPMorgan Income ETF stock traded up $0.11 on Friday, hitting $45.16. The company’s stock had a trading volume of 206,694 shares, compared to its average volume of 199,459. JPMorgan Income ETF has a 1 year low of $43.72 and a 1 year high of $46.05. The firm has a fifty day moving average price of $45.23 and a 200-day moving average price of $45.11.

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.