Lionsbridge Wealth Management LLC Reduces Stock Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Lionsbridge Wealth Management LLC lowered its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 13.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 160,236 shares of the company’s stock after selling 24,975 shares during the period. JPMorgan Income ETF comprises approximately 5.9% of Lionsbridge Wealth Management LLC’s holdings, making the stock its 2nd largest holding. Lionsbridge Wealth Management LLC owned about 0.56% of JPMorgan Income ETF worth $7,433,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in JPIE. Financial Gravity Asset Management Inc. purchased a new stake in JPMorgan Income ETF during the second quarter worth $26,000. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of JPMorgan Income ETF by 95.1% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 921 shares of the company’s stock worth $42,000 after purchasing an additional 449 shares during the last quarter. LGT Financial Advisors LLC lifted its stake in shares of JPMorgan Income ETF by 75.4% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,019 shares of the company’s stock worth $47,000 after purchasing an additional 438 shares during the last quarter. CENTRAL TRUST Co boosted its position in JPMorgan Income ETF by 107.3% during the third quarter. CENTRAL TRUST Co now owns 1,248 shares of the company’s stock valued at $58,000 after purchasing an additional 646 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in JPMorgan Income ETF by 63.6% in the first quarter. EverSource Wealth Advisors LLC now owns 1,456 shares of the company’s stock valued at $66,000 after purchasing an additional 566 shares during the last quarter.

JPMorgan Income ETF Trading Down 0.0 %

Shares of JPMorgan Income ETF stock opened at $45.73 on Friday. JPMorgan Income ETF has a one year low of $44.07 and a one year high of $46.43. The company has a 50-day simple moving average of $46.04 and a two-hundred day simple moving average of $45.68.

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.