Sigma Planning Corp Sells 19,388 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Sigma Planning Corp lowered its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 50.9% in the fourth quarter, Holdings Channel reports. The fund owned 18,711 shares of the company’s stock after selling 19,388 shares during the quarter. Sigma Planning Corp’s holdings in JPMorgan Income ETF were worth $853,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Wagner Wealth Management LLC increased its stake in shares of JPMorgan Income ETF by 0.7% in the fourth quarter. Wagner Wealth Management LLC now owns 77,615 shares of the company’s stock valued at $3,540,000 after buying an additional 574 shares during the period. Patriot Financial Group Insurance Agency LLC acquired a new position in shares of JPMorgan Income ETF in the fourth quarter valued at approximately $668,000. Rainsberger Wealth Advisors Inc. acquired a new position in shares of JPMorgan Income ETF in the fourth quarter valued at approximately $7,125,000. MRA Advisory Group acquired a new position in shares of JPMorgan Income ETF in the third quarter valued at approximately $3,882,000. Finally, Richard W. Paul & Associates LLC increased its stake in shares of JPMorgan Income ETF by 7.5% in the fourth quarter. Richard W. Paul & Associates LLC now owns 15,071 shares of the company’s stock valued at $687,000 after buying an additional 1,055 shares during the period.

JPMorgan Income ETF Stock Up 0.2 %

JPMorgan Income ETF stock opened at $45.11 on Wednesday. The business has a 50 day moving average of $45.27 and a 200-day moving average of $45.08. JPMorgan Income ETF has a 1 year low of $43.72 and a 1 year high of $46.05.

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.