JPMorgan Income ETF $JPIE Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. lessened its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 3.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 324,347 shares of the company’s stock after selling 13,260 shares during the period. Geneos Wealth Management Inc. owned about 0.17% of JPMorgan Income ETF worth $14,943,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in JPIE. Huntington National Bank acquired a new stake in JPMorgan Income ETF in the 4th quarter valued at $26,000. Imprint Wealth LLC acquired a new position in shares of JPMorgan Income ETF during the third quarter worth about $33,000. Torren Management LLC purchased a new stake in shares of JPMorgan Income ETF in the first quarter worth about $34,000. Central Pacific Bank Trust Division purchased a new stake in shares of JPMorgan Income ETF in the fourth quarter worth about $35,000. Finally, MidAtlantic Capital Management Inc. purchased a new stake in shares of JPMorgan Income ETF in the fourth quarter worth about $35,000.

JPMorgan Income ETF Trading Up 0.2%

JPIE stock opened at $45.93 on Thursday. JPMorgan Income ETF has a 1 year low of $45.77 and a 1 year high of $46.61. The stock has a 50-day simple moving average of $45.95 and a 200-day simple moving average of $46.15.

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