Rockingstone Advisors LLC Reduces Stock Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Rockingstone Advisors LLC reduced its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 4.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 25,695 shares of the company’s stock after selling 1,215 shares during the period. Rockingstone Advisors LLC’s holdings in JPMorgan Income ETF were worth $1,192,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Financial Gravity Asset Management Inc. bought a new stake in shares of JPMorgan Income ETF in the 2nd quarter worth about $26,000. Whittier Trust Co. of Nevada Inc. lifted its holdings in JPMorgan Income ETF by 95.1% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 921 shares of the company’s stock valued at $42,000 after buying an additional 449 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in JPMorgan Income ETF by 63.6% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,456 shares of the company’s stock valued at $66,000 after buying an additional 566 shares in the last quarter. Mascoma Wealth Management LLC lifted its holdings in JPMorgan Income ETF by 84.4% during the 2nd quarter. Mascoma Wealth Management LLC now owns 2,185 shares of the company’s stock valued at $99,000 after buying an additional 1,000 shares in the last quarter. Finally, Insight Wealth Partners LLC bought a new stake in JPMorgan Income ETF during the 2nd quarter valued at about $203,000.

JPMorgan Income ETF Stock Performance

Shares of JPIE opened at $45.94 on Wednesday. JPMorgan Income ETF has a 1-year low of $43.72 and a 1-year high of $46.43. The company has a 50-day moving average of $46.04 and a 200 day moving average of $45.57.

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.