Janney Montgomery Scott LLC Lowers Stock Position in JPMorgan Income ETF $JPIE

Janney Montgomery Scott LLC cut its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 6.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,034,259 shares of the company’s stock after selling 74,786 shares during the quarter. Janney Montgomery Scott LLC’s holdings in JPMorgan Income ETF were worth $47,648,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of JPIE. Morgan Stanley increased its holdings in shares of JPMorgan Income ETF by 25.8% in the 4th quarter. Morgan Stanley now owns 6,790,024 shares of the company’s stock worth $314,310,000 after buying an additional 1,393,857 shares during the last quarter. Wells Fargo & Company MN raised its position in shares of JPMorgan Income ETF by 45.9% during the 4th quarter. Wells Fargo & Company MN now owns 3,759,117 shares of the company’s stock valued at $174,009,000 after buying an additional 1,181,828 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of JPMorgan Income ETF by 1,680.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,131,981 shares of the company’s stock worth $52,399,000 after acquiring an additional 1,068,410 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of JPMorgan Income ETF by 21.3% during the 4th quarter. Sequoia Financial Advisors LLC now owns 5,592,163 shares of the company’s stock worth $258,861,000 after acquiring an additional 982,593 shares during the last quarter. Finally, Williams Financial LLC grew its position in JPMorgan Income ETF by 131.0% in the fourth quarter. Williams Financial LLC now owns 1,053,702 shares of the company’s stock worth $48,776,000 after acquiring an additional 597,595 shares in the last quarter.

JPMorgan Income ETF Stock Performance

Shares of NYSEARCA:JPIE opened at $46.07 on Monday. JPMorgan Income ETF has a 52-week low of $45.77 and a 52-week high of $46.61. The firm has a fifty day moving average of $46.02 and a 200 day moving average of $46.19.

About JPMorgan Income ETF

(Free Report)

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.

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