Greenwich Wealth Management LLC Reduces Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Greenwich Wealth Management LLC lessened its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,340 shares of the company’s stock after selling 1,106 shares during the quarter. Greenwich Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,582,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brown Brothers Harriman & Co. purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth $265,000. Diversify Wealth Management LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $5,210,000. J.W. Cole Advisors Inc. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 0.9% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 148,643 shares of the company’s stock valued at $7,502,000 after buying an additional 1,372 shares during the last quarter. Inspire Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $216,000. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock valued at $182,463,000 after buying an additional 14,611 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

JPMorgan Ultra-Short Income ETF stock opened at $50.61 on Monday. The business’s 50-day moving average price is $50.52 and its 200 day moving average price is $50.41. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.96 and a 52 week 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.