11,786 JPMorgan Income ETF $JPIE Shares Sold by Syverson Strege & Co

Syverson Strege & Co decreased its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 16.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 60,884 shares of the company’s stock after selling 11,786 shares during the quarter. JPMorgan Income ETF accounts for approximately 0.6% of Syverson Strege & Co’s investment portfolio, making the stock its 19th largest holding. 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 hedge funds and other institutional investors have also recently bought and sold shares of the business. Arkadios Wealth Advisors grew its stake in JPMorgan Income ETF by 301.2% during the first quarter. Arkadios Wealth Advisors now owns 1,203,036 shares of the company’s stock worth $55,424,000 after buying an additional 903,176 shares during the period. Sequoia Financial Advisors LLC increased its position in shares of JPMorgan Income ETF by 14.2% in the first quarter. Sequoia Financial Advisors LLC now owns 6,383,524 shares of the company’s stock worth $294,089,000 after acquiring an additional 791,361 shares in the last quarter. Leverty Financial Group LLC increased its position in shares of JPMorgan Income ETF by 335.8% in the third quarter. Leverty Financial Group LLC now owns 977,616 shares of the company’s stock worth $43,885,000 after acquiring an additional 753,292 shares in the last quarter. D.A. Davidson & CO. purchased a new position in shares of JPMorgan Income ETF in the 3rd quarter valued at $27,349,000. Finally, Apella Capital LLC purchased a new position in shares of JPMorgan Income ETF in the 3rd quarter valued at $23,509,000.

JPMorgan Income ETF Stock Performance

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

JPMorgan Income ETF 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.