Cooper Financial Group Trims Stock Holdings in JPMorgan Income ETF (NYSEARCA:JPIE)

Cooper Financial Group decreased its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 4.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,602 shares of the company’s stock after selling 1,038 shares during the quarter. Cooper Financial Group owned about 0.08% of JPMorgan Income ETF worth $1,031,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Stifel Financial Corp raised its stake in shares of JPMorgan Income ETF by 27.9% during the 3rd quarter. Stifel Financial Corp now owns 12,088 shares of the company’s stock valued at $561,000 after purchasing an additional 2,634 shares during the period. Mount Yale Investment Advisors LLC increased its position in shares of JPMorgan Income ETF by 3.8% during the second quarter. Mount Yale Investment Advisors LLC now owns 266,769 shares of the company’s stock valued at $12,127,000 after buying an additional 9,848 shares during the period. HighTower Advisors LLC lifted its holdings in shares of JPMorgan Income ETF by 18.5% in the third quarter. HighTower Advisors LLC now owns 12,456 shares of the company’s stock worth $578,000 after buying an additional 1,947 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of JPMorgan Income ETF by 19.0% in the second quarter. Envestnet Asset Management Inc. now owns 153,343 shares of the company’s stock valued at $6,971,000 after acquiring an additional 24,537 shares during the period. Finally, Creative Planning purchased a new position in JPMorgan Income ETF during the second quarter valued at approximately $646,000.

JPMorgan Income ETF Trading Up 0.1 %

NYSEARCA JPIE opened at $45.49 on Tuesday. The company’s 50 day simple moving average is $45.75 and its two-hundred day simple moving average is $45.84. 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.