Lodestar Private Asset Management LLC Sells 27,637 Shares of JPMorgan Income ETF $JPIE

Lodestar Private Asset Management LLC trimmed its position in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 4.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 614,640 shares of the company’s stock after selling 27,637 shares during the quarter. JPMorgan Income ETF makes up 2.4% of Lodestar Private Asset Management LLC’s portfolio, making the stock its 11th biggest position. Lodestar Private Asset Management LLC owned 0.25% of JPMorgan Income ETF worth $27,591,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rice Partnership LLC bought a new position in shares of JPMorgan Income ETF in the 1st quarter valued at about $30,000. Torren Management LLC acquired a new stake in shares of JPMorgan Income ETF during the 1st quarter worth approximately $34,000. Kings Path Partners LLC acquired a new stake in shares of JPMorgan Income ETF during the 3rd quarter worth approximately $62,000. GK Wealth Management LLC acquired a new stake in shares of JPMorgan Income ETF during the 3rd quarter worth approximately $67,000. Finally, NFSG Corp raised its stake in shares of JPMorgan Income ETF by 141.4% during the third quarter. NFSG Corp now owns 1,859 shares of the company’s stock worth $83,000 after buying an additional 1,089 shares during the last quarter.

JPMorgan Income ETF Price Performance

JPIE opened at $45.11 on Wednesday. The firm has a 50 day simple moving average of $45.26 and a 200 day simple moving average of $45.88. JPMorgan Income ETF has a fifty-two week low of $44.58 and a fifty-two week high of $46.61.

JPMorgan Income ETF Company Profile

(Free Report)

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. JPIE was launched on Oct 28, 2021 and is managed by JPMorgan Chase.

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