Prentice Wealth Management LLC Cuts Position in JPMorgan Income ETF (NYSEARCA:JPIE)

Prentice Wealth Management LLC reduced its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 96.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,507 shares of the company’s stock after selling 178,510 shares during the quarter. Prentice Wealth Management LLC’s holdings in JPMorgan Income ETF were worth $297,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of JPIE. MidAtlantic Capital Management Inc. acquired a new position in shares of JPMorgan Income ETF during the 4th quarter valued at $35,000. Private Trust Co. NA acquired a new position in shares of JPMorgan Income ETF during the third quarter worth about $36,000. Wilmington Savings Fund Society FSB acquired a new position in shares of JPMorgan Income ETF during the third quarter worth about $38,000. LGT Financial Advisors LLC boosted its position in shares of JPMorgan Income ETF by 75.4% in the third quarter. LGT Financial Advisors LLC now owns 1,019 shares of the company’s stock worth $47,000 after buying an additional 438 shares during the period. Finally, Newbridge Financial Services Group Inc. grew its stake in shares of JPMorgan Income ETF by 33.8% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 1,030 shares of the company’s stock valued at $47,000 after buying an additional 260 shares in the last quarter.

JPMorgan Income ETF Price Performance

JPMorgan Income ETF stock opened at $45.95 on Friday. JPMorgan Income ETF has a one year low of $44.80 and a one year high of $46.43. The stock’s 50 day moving average price is $45.79 and its 200 day moving average price is $45.89.

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.