JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Position Reduced by WealthCare Investment Partners LLC

WealthCare Investment Partners LLC reduced its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 18.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,652 shares of the company’s stock after selling 5,058 shares during the quarter. WealthCare Investment Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,143,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in shares of JPMorgan Ultra-Short Income ETF by 30.0% during the first quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock worth $2,305,103,000 after purchasing an additional 10,546,138 shares during the period. Goldman Sachs Group Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth $93,574,000. Cetera Investment Advisers boosted its stake in JPMorgan Ultra-Short Income ETF by 927.2% during the 1st quarter. Cetera Investment Advisers now owns 1,790,596 shares of the company’s stock valued at $90,336,000 after purchasing an additional 1,616,273 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 37.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock worth $243,837,000 after acquiring an additional 1,317,710 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 13.5% during the 2nd quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock worth $524,028,000 after purchasing an additional 1,235,482 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.51 on Wednesday. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.97 and a 1-year high of $50.75. The business’s 50 day moving average is $50.58 and its 200-day moving average is $50.45.

JPMorgan Ultra-Short Income ETF 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.