JPMorgan Income ETF $JPIE Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC trimmed its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 87.1% in the third quarter, HoldingsChannel reports. The firm owned 3,818 shares of the company’s stock after selling 25,698 shares during the period. International Assets Investment Management LLC’s holdings in JPMorgan Income ETF were worth $171,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Rice Partnership LLC bought a new stake in JPMorgan Income ETF in the first quarter valued at $30,000. MADDEN SECURITIES Corp bought a new position in shares of JPMorgan Income ETF during the 3rd quarter worth about $31,000. Torren Management LLC bought a new position in shares of JPMorgan Income ETF during the 1st quarter worth about $34,000. Kings Path Partners LLC bought a new position in shares of JPMorgan Income ETF during the 3rd quarter worth about $62,000. Finally, GK Wealth Management LLC bought a new position in shares of JPMorgan Income ETF during the 3rd quarter worth about $67,000.

JPMorgan Income ETF Price Performance

Shares of JPIE remained flat at $45.18 during trading hours on Friday. The stock had a trading volume of 1,994,752 shares, compared to its average volume of 1,567,460. The business’s fifty day moving average is $45.14 and its 200 day moving average is $45.83. JPMorgan Income ETF has a 12 month low of $44.58 and a 12 month high of $46.61.

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.