Mittelman Wealth Management Cuts Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Mittelman Wealth Management decreased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,144 shares of the company’s stock after selling 1,235 shares during the period. Mittelman Wealth Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $411,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in JPST. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $25,000. LRI Investments LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the first quarter worth $30,000. Triad Wealth Partners LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the second quarter worth $32,000. Cooksen Wealth LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $36,000. Finally, Tucker Asset Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 75.7% during 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.

JPMorgan Ultra-Short Income ETF Trading Down 0.0 %

JPST opened at $50.63 on Thursday. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.96 and a 12 month high of $50.68. The business’s 50-day moving average price is $50.54 and its 200-day moving average price is $50.42.

JPMorgan Ultra-Short Income ETF Company Profile

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.