HBW Advisory Services LLC Has $1.58 Million Stake in JPMorgan Income ETF (NYSEARCA:JPIE)

HBW Advisory Services LLC lessened its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 8.1% in the third quarter, Holdings Channel.com reports. The firm owned 34,134 shares of the company’s stock after selling 2,989 shares during the quarter. HBW Advisory Services LLC’s holdings in JPMorgan Income ETF were worth $1,583,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of JPIE. Sequoia Financial Advisors LLC acquired a new position in shares of JPMorgan Income ETF in the second quarter valued at approximately $70,005,000. Savant Capital LLC raised its stake in shares of JPMorgan Income ETF by 71.8% during the second quarter. Savant Capital LLC now owns 840,019 shares of the company’s stock valued at $38,187,000 after acquiring an additional 351,055 shares during the last quarter. Waverly Advisors LLC lifted its holdings in shares of JPMorgan Income ETF by 364.6% during the first quarter. Waverly Advisors LLC now owns 257,650 shares of the company’s stock worth $11,739,000 after purchasing an additional 202,193 shares during the period. Diversified LLC grew its stake in shares of JPMorgan Income ETF by 50.6% in the first quarter. Diversified LLC now owns 579,962 shares of the company’s stock worth $26,423,000 after purchasing an additional 194,911 shares during the last quarter. Finally, Kensington Asset Management LLC acquired a new stake in JPMorgan Income ETF in the first quarter valued at $8,577,000.

JPMorgan Income ETF Stock Down 0.3 %

NYSEARCA:JPIE traded down $0.14 during trading hours on Friday, hitting $46.01. 212,677 shares of the company were exchanged, compared to its average volume of 235,699. JPMorgan Income ETF has a one year low of $43.72 and a one year high of $46.43. The company has a fifty day simple moving average of $46.02 and a 200 day simple moving average of $45.56.

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.