ProVise Management Group LLC lowered its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 2.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 111,654 shares of the company’s stock after selling 2,504 shares during the quarter. ProVise Management Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,635,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently made changes to their positions in JPST. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF in the second quarter worth about $25,000. LRI Investments LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter worth approximately $30,000. Triad Wealth Partners LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $32,000. Cooksen Wealth LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $36,000. Finally, EverSource Wealth Advisors LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 282.3% during the first quarter. EverSource Wealth Advisors LLC now owns 734 shares of the company’s stock valued at $37,000 after acquiring an additional 542 shares during the period.
JPMorgan Ultra-Short Income ETF Stock Performance
JPST opened at $50.65 on Friday. The business has a 50 day moving average price of $50.54 and a two-hundred day moving average price of $50.42. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.96 and a 1-year high of $50.68.
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.
Further Reading
- Five stocks we like better than JPMorgan Ultra-Short Income ETF
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Edgewise Therapeutics Soars 50%: Key Reasons Behind the Surge
- The How And Why of Investing in Oil Stocks
- How the Fed’s Rate Cut Could Supercharge These 3 ETFs
- What is the Dogs of the Dow Strategy? Overview and Examples
- Microsoft Stock: 3 Reasons It’s Ready to Crush Q4
Receive News & Ratings for JPMorgan Ultra-Short Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Ultra-Short Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
