Brookwood Investment Group LLC Lowers Holdings in JPMorgan Income ETF $JPIE

by · The Cerbat Gem

Brookwood Investment Group LLC decreased its stake in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 38.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,808 shares of the company’s stock after selling 6,091 shares during the period. Brookwood Investment Group LLC’s holdings in JPMorgan Income ETF were worth $454,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. MorganRosel Wealth Management LLC increased its holdings in shares of JPMorgan Income ETF by 16.1% in the 2nd quarter. MorganRosel Wealth Management LLC now owns 120,634 shares of the company’s stock worth $5,588,000 after buying an additional 16,725 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan Income ETF by 83.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,598,821 shares of the company’s stock worth $74,057,000 after buying an additional 726,850 shares during the last quarter. Schneider Downs Wealth Management Advisors LP increased its holdings in shares of JPMorgan Income ETF by 39.9% in the 2nd quarter. Schneider Downs Wealth Management Advisors LP now owns 332,128 shares of the company’s stock worth $15,384,000 after buying an additional 94,771 shares during the last quarter. Focus Partners Advisor Solutions LLC bought a new position in shares of JPMorgan Income ETF in the 2nd quarter worth $256,000. Finally, West Michigan Advisors LLC increased its holdings in shares of JPMorgan Income ETF by 53.0% in the 2nd quarter. West Michigan Advisors LLC now owns 17,889 shares of the company’s stock worth $829,000 after buying an additional 6,196 shares during the last quarter.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA:JPIE opened at $46.44 on Tuesday. The company’s fifty day moving average price is $46.40 and its 200-day moving average price is $46.11. JPMorgan Income ETF has a one year low of $45.01 and a one year high of $46.57.

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.

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