Axxcess Wealth Management LLC Trims Stake in JPMorgan Income ETF (NYSEARCA:JPIE)

Axxcess Wealth Management LLC cut its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 17.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 36,942 shares of the company’s stock after selling 7,979 shares during the period. Axxcess Wealth Management LLC’s holdings in JPMorgan Income ETF were worth $1,714,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. lifted its position in shares of JPMorgan Income ETF by 381.4% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 29,812 shares of the company’s stock valued at $1,358,000 after buying an additional 23,619 shares in the last quarter. Avantax Advisory Services Inc. boosted its position in shares of JPMorgan Income ETF by 112.7% in the first quarter. Avantax Advisory Services Inc. now owns 9,655 shares of the company’s stock worth $440,000 after purchasing an additional 5,116 shares during the period. Fortis Capital Advisors LLC purchased a new stake in shares of JPMorgan Income ETF in the first quarter worth $870,000. D Orazio & Associates Inc. raised its position in shares of JPMorgan Income ETF by 15.9% during the 1st quarter. D Orazio & Associates Inc. now owns 628,303 shares of the company’s stock valued at $28,625,000 after purchasing an additional 86,089 shares during the period. Finally, Delta Investment Management LLC lifted its stake in shares of JPMorgan Income ETF by 33.2% during the 1st quarter. Delta Investment Management LLC now owns 19,564 shares of the company’s stock valued at $891,000 after buying an additional 4,874 shares in the last quarter.

JPMorgan Income ETF Stock Down 0.0 %

Shares of JPMorgan Income ETF stock opened at $45.71 on Tuesday. JPMorgan Income ETF has a fifty-two week low of $44.07 and a fifty-two week high of $46.43. The company has a fifty day moving average of $46.04 and a 200 day 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.