Advisory Alpha LLC Sells 2,207 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Advisory Alpha LLC cut its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 25.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,375 shares of the company’s stock after selling 2,207 shares during the period. Advisory Alpha LLC’s holdings in JPMorgan Income ETF were worth $291,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in JPIE. Private Trust Co. NA bought a new stake in shares of JPMorgan Income ETF in the third quarter valued at $36,000. Wilmington Savings Fund Society FSB bought a new stake in shares of JPMorgan Income ETF in the third quarter valued at $38,000. LGT Financial Advisors LLC raised its stake in shares of JPMorgan Income ETF by 75.4% in the third quarter. LGT Financial Advisors LLC now owns 1,019 shares of the company’s stock valued at $47,000 after buying an additional 438 shares during the period. CENTRAL TRUST Co raised its stake in shares of JPMorgan Income ETF by 107.3% in the third quarter. CENTRAL TRUST Co now owns 1,248 shares of the company’s stock valued at $58,000 after buying an additional 646 shares during the period. Finally, Sunbelt Securities Inc. bought a new stake in shares of JPMorgan Income ETF in the third quarter valued at $65,000.

JPMorgan Income ETF Trading Down 0.0 %

NYSEARCA:JPIE opened at $45.83 on Friday. JPMorgan Income ETF has a 52-week low of $44.80 and a 52-week high of $46.43. The business’s fifty day moving average is $45.76 and its 200 day moving average is $45.86.

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.