Etfidea LLC Trims Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Etfidea LLC lessened its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 16.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,780 shares of the company’s stock after selling 3,381 shares during the period. Etfidea LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $897,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JPST. Transform Wealth LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 1.9% in the 2nd quarter. Transform Wealth LLC now owns 10,917 shares of the company’s stock valued at $551,000 after purchasing an additional 200 shares during the last quarter. Unique Wealth LLC grew its position in JPMorgan Ultra-Short Income ETF by 2.1% in the 1st quarter. Unique Wealth LLC now owns 10,258 shares of the company’s stock valued at $517,000 after buying an additional 208 shares during the last quarter. InTrack Investment Management Inc grew its position in JPMorgan Ultra-Short Income ETF by 2.4% in the 2nd quarter. InTrack Investment Management Inc now owns 8,992 shares of the company’s stock valued at $454,000 after buying an additional 209 shares during the last quarter. Etesian Wealth Advisors Inc. increased its stake in JPMorgan Ultra-Short Income ETF by 3.4% in the 2nd quarter. Etesian Wealth Advisors Inc. now owns 6,387 shares of the company’s stock valued at $322,000 after buying an additional 213 shares during the period. Finally, Kathleen S. Wright Associates Inc. raised its position in JPMorgan Ultra-Short Income ETF by 2.5% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 9,307 shares of the company’s stock worth $470,000 after buying an additional 226 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.65 on Friday. JPMorgan Ultra-Short Income ETF has a one year low of $49.96 and a one year high of $50.68. The company has a fifty day moving average of $50.54 and a 200-day moving average of $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.