Argent Advisors Inc. Sells 1,590 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Argent Advisors Inc. trimmed its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 25.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,726 shares of the company’s stock after selling 1,590 shares during the period. Argent Advisors Inc.’s holdings in JPMorgan Income ETF were worth $216,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Addison Capital Co increased its stake in JPMorgan Income ETF by 102.9% in the fourth quarter. Addison Capital Co now owns 17,110 shares of the company’s stock valued at $781,000 after purchasing an additional 8,677 shares in the last quarter. Harbour Investments Inc. increased its stake in JPMorgan Income ETF by 4.1% in the fourth quarter. Harbour Investments Inc. now owns 19,480 shares of the company’s stock valued at $889,000 after purchasing an additional 774 shares in the last quarter. Greenwich Wealth Management LLC bought a new stake in JPMorgan Income ETF in the fourth quarter valued at approximately $941,000. Centurion Wealth Management LLC increased its stake in JPMorgan Income ETF by 2.8% in the fourth quarter. Centurion Wealth Management LLC now owns 45,533 shares of the company’s stock valued at $2,077,000 after purchasing an additional 1,219 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its stake in JPMorgan Income ETF by 16.8% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 47,006 shares of the company’s stock valued at $2,144,000 after purchasing an additional 6,746 shares in the last quarter.

JPMorgan Income ETF Stock Down 0.1 %

Shares of NYSEARCA:JPIE opened at $45.90 on Tuesday. JPMorgan Income ETF has a 52 week low of $44.80 and a 52 week high of $46.43. The company has a 50 day moving average price of $45.87 and a two-hundred day moving average price of $45.90.

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.