Prentice Wealth Management LLC Trims Stock Holdings in JPMorgan Income ETF (NYSEARCA:JPIE)

Prentice Wealth Management LLC cut its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 96.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 6,507 shares of the company’s stock after selling 178,510 shares during the quarter. Prentice Wealth Management LLC’s holdings in JPMorgan Income ETF were worth $297,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. MidAtlantic Capital Management Inc. acquired a new stake in shares of JPMorgan Income ETF during the fourth quarter worth approximately $35,000. Private Trust Co. NA bought a new position in JPMorgan Income ETF during the 3rd quarter valued at $36,000. Wilmington Savings Fund Society FSB bought a new position in JPMorgan Income ETF during the 3rd quarter valued at $38,000. LGT Financial Advisors LLC grew its holdings in 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 acquiring an additional 438 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. increased its position in shares of JPMorgan Income ETF by 33.8% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 1,030 shares of the company’s stock worth $47,000 after purchasing an additional 260 shares during the last quarter.

JPMorgan Income ETF Price Performance

Shares of JPMorgan Income ETF stock opened at $45.95 on Friday. The business has a 50-day moving average price of $45.79 and a 200 day moving average price of $45.89. JPMorgan Income ETF has a fifty-two week low of $44.80 and a fifty-two week high of $46.43.

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.