Cooper Financial Group Sells 1,038 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Cooper Financial Group cut its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 4.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 22,602 shares of the company’s stock after selling 1,038 shares during the period. Cooper Financial Group’s holdings in JPMorgan Income ETF were worth $1,031,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in JPIE. JPMorgan Chase & Co. raised its holdings in JPMorgan Income ETF by 142.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,929,890 shares of the company’s stock valued at $228,698,000 after buying an additional 2,894,852 shares during the last quarter. Richard W. Paul & Associates LLC raised its stake in shares of JPMorgan Income ETF by 662.2% during the third quarter. Richard W. Paul & Associates LLC now owns 189,777 shares of the company’s stock valued at $8,804,000 after acquiring an additional 164,879 shares during the last quarter. Wagner Wealth Management LLC boosted its holdings in shares of JPMorgan Income ETF by 37.5% during the third quarter. Wagner Wealth Management LLC now owns 533,900 shares of the company’s stock worth $24,768,000 after purchasing an additional 145,693 shares during the period. Syntegra Private Wealth Group LLC grew its stake in shares of JPMorgan Income ETF by 16.6% in the third quarter. Syntegra Private Wealth Group LLC now owns 883,099 shares of the company’s stock worth $40,967,000 after purchasing an additional 125,592 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in JPMorgan Income ETF by 1,686.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 132,079 shares of the company’s stock valued at $6,127,000 after purchasing an additional 124,684 shares during the period.

JPMorgan Income ETF Trading Up 0.1 %

NYSEARCA JPIE opened at $45.49 on Tuesday. JPMorgan Income ETF has a fifty-two week low of $44.80 and a fifty-two week high of $46.43. The stock has a 50 day simple moving average of $45.75 and a two-hundred day simple moving average of $45.84.

JPMorgan Income ETF 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.