Prospera Financial Services Inc Sells 153,307 Shares of JPMorgan Income ETF $JPIE

Prospera Financial Services Inc lessened its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 94.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 9,175 shares of the company’s stock after selling 153,307 shares during the period. Prospera Financial Services Inc’s holdings in JPMorgan Income ETF were worth $425,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cornerstone Advisory LLC lifted its position in JPMorgan Income ETF by 6.2% during the third quarter. Cornerstone Advisory LLC now owns 597,558 shares of the company’s stock valued at $27,733,000 after purchasing an additional 35,122 shares during the period. Chesley Taft & Associates LLC lifted its position in JPMorgan Income ETF by 26.7% during the fourth quarter. Chesley Taft & Associates LLC now owns 79,920 shares of the company’s stock valued at $3,699,000 after purchasing an additional 16,848 shares during the period. Obsidian Personal Planning Solutions LLC lifted its position in JPMorgan Income ETF by 3.8% during the third quarter. Obsidian Personal Planning Solutions LLC now owns 298,749 shares of the company’s stock valued at $13,865,000 after purchasing an additional 10,962 shares during the period. Waterloo Capital L.P. lifted its position in JPMorgan Income ETF by 6.4% during the third quarter. Waterloo Capital L.P. now owns 180,804 shares of the company’s stock valued at $8,391,000 after purchasing an additional 10,885 shares during the period. Finally, Altus Wealth Management LLC lifted its position in JPMorgan Income ETF by 27.2% during the fourth quarter. Altus Wealth Management LLC now owns 52,094 shares of the company’s stock valued at $2,411,000 after purchasing an additional 11,142 shares during the period.

JPMorgan Income ETF Stock Performance

Shares of JPMorgan Income ETF stock opened at $46.16 on Monday. The company’s 50 day moving average is $46.03 and its 200 day moving average is $46.24. JPMorgan Income ETF has a twelve month low of $45.76 and a twelve month high of $46.61.

JPMorgan Income ETF Profile

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.