PDS Planning Inc Decreases Stock Position in JPMorgan Income ETF (NYSEARCA:JPIE)

PDS Planning Inc cut its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 3.7% in the fourth quarter, HoldingsChannel reports. The firm owned 15,626 shares of the company’s stock after selling 602 shares during the quarter. PDS Planning Inc’s holdings in JPMorgan Income ETF were worth $713,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its holdings in JPMorgan Income ETF by 142.3% in the third quarter. JPMorgan Chase & Co. now owns 4,929,890 shares of the company’s stock valued at $228,698,000 after purchasing an additional 2,894,852 shares during the period. Heritage Financial Services LLC raised its stake in JPMorgan Income ETF by 3.7% in the fourth quarter. Heritage Financial Services LLC now owns 2,454,191 shares of the company’s stock valued at $111,960,000 after buying an additional 87,743 shares in the last quarter. Savant Capital LLC raised its stake in JPMorgan Income ETF by 39.2% in the fourth quarter. Savant Capital LLC now owns 1,921,630 shares of the company’s stock valued at $87,665,000 after buying an additional 540,676 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in JPMorgan Income ETF by 8.8% in the fourth quarter. Sequoia Financial Advisors LLC now owns 1,781,776 shares of the company’s stock valued at $81,285,000 after buying an additional 144,345 shares in the last quarter. Finally, Syntegra Private Wealth Group LLC raised its stake in JPMorgan Income ETF by 4.7% in the fourth quarter. Syntegra Private Wealth Group LLC now owns 924,601 shares of the company’s stock valued at $42,180,000 after buying an additional 41,502 shares in the last quarter.

JPMorgan Income ETF Stock Performance

JPMorgan Income ETF stock opened at $45.90 on Tuesday. JPMorgan Income ETF has a 1-year low of $44.80 and a 1-year high of $46.43. The stock’s fifty day moving average is $45.87 and its two-hundred day moving average is $45.90.

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.