Paladin Advisory Group LLC Sells 3,296 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Paladin Advisory Group LLC decreased its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 4.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 79,248 shares of the company’s stock after selling 3,296 shares during the period. JPMorgan Income ETF accounts for about 2.8% of Paladin Advisory Group LLC’s portfolio, making the stock its 9th largest holding. Paladin Advisory Group LLC owned 0.27% of JPMorgan Income ETF worth $3,615,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Creative Planning bought a new stake in JPMorgan Income ETF in the 2nd quarter valued at about $646,000. Cetera Investment Advisers raised its position in JPMorgan Income ETF by 35.1% during the second quarter. Cetera Investment Advisers now owns 43,437 shares of the company’s stock valued at $1,975,000 after purchasing an additional 11,295 shares in the last quarter. Prentice Wealth Management LLC lifted its stake in JPMorgan Income ETF by 5.7% during the third quarter. Prentice Wealth Management LLC now owns 185,017 shares of the company’s stock worth $8,583,000 after purchasing an additional 9,947 shares during the last quarter. Mather Group LLC. increased its stake in shares of JPMorgan Income ETF by 7.5% in the 3rd quarter. Mather Group LLC. now owns 171,131 shares of the company’s stock valued at $7,939,000 after purchasing an additional 11,903 shares during the last quarter. Finally, Strategies Wealth Advisors LLC raised its holdings in shares of JPMorgan Income ETF by 10.4% during the 3rd quarter. Strategies Wealth Advisors LLC now owns 98,236 shares of the company’s stock worth $4,557,000 after buying an additional 9,230 shares in the last quarter.

JPMorgan Income ETF Stock Performance

JPIE opened at $45.98 on Wednesday. The company’s 50 day moving average is $45.78 and its 200-day moving average is $45.87. JPMorgan Income ETF has a 1-year low of $44.80 and a 1-year high of $46.43.

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.