Delta Investment Management LLC Trims Stake in JPMorgan Income ETF $JPIE

Delta Investment Management LLC trimmed its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 55.1% in the 4th quarter, HoldingsChannel reports. The firm owned 14,709 shares of the company’s stock after selling 18,064 shares during the period. Delta Investment Management LLC’s holdings in JPMorgan Income ETF were worth $681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. American Financial Advisors LLC increased its stake in shares of JPMorgan Income ETF by 1,427.5% in the 3rd quarter. American Financial Advisors LLC now owns 257,284 shares of the company’s stock worth $11,941,000 after purchasing an additional 240,440 shares in the last quarter. MorganRosel Wealth Management LLC increased its stake in shares of JPMorgan Income ETF by 22.5% in the 3rd quarter. MorganRosel Wealth Management LLC now owns 147,741 shares of the company’s stock worth $6,857,000 after purchasing an additional 27,107 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of JPMorgan Income ETF by 5.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 401,410 shares of the company’s stock worth $18,629,000 after purchasing an additional 21,085 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of JPMorgan Income ETF by 33.1% in the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 130,053 shares of the company’s stock worth $6,036,000 after purchasing an additional 32,374 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in shares of JPMorgan Income ETF by 142.7% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 48,519 shares of the company’s stock worth $2,252,000 after purchasing an additional 28,531 shares in the last quarter.

JPMorgan Income ETF Trading Up 0.1%

Shares of NYSEARCA:JPIE traded up $0.03 during midday trading on Thursday, hitting $46.12. The company had a trading volume of 201,477 shares, compared to its average volume of 1,394,102. JPMorgan Income ETF has a 12-month low of $45.66 and a 12-month high of $46.61. The company has a fifty day moving average of $46.16 and a two-hundred day moving average of $46.29.

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.