Woodmont Investment Counsel LLC Cuts Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Woodmont Investment Counsel LLC lowered its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 17.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,845 shares of the company’s stock after selling 3,657 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $900,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Mine & Arao Wealth Creation & Management LLC. purchased a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $30,000. Mendota Financial Group LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $34,000. Cooksen Wealth LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $36,000. Tucker Asset Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 75.7% in the fourth quarter. Tucker Asset Management LLC now owns 736 shares of the company’s stock valued at $37,000 after buying an additional 317 shares during the last quarter. Finally, Pacific Capital Wealth Advisors Inc. purchased a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $45,000.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.28 on Wednesday. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.93 and a 12 month high of $50.51. The business’s fifty day moving average price is $50.37 and its 200 day moving average price is $50.35.

About JPMorgan Ultra-Short Income ETF

The JPMorgan Ultra-Short Income ETF (JPST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less. JPST was launched on May 17, 2017 and is managed by JPMorgan Chase.