Ashton Thomas Private Wealth LLC Has $6.76 Million Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Ashton Thomas Private Wealth LLC decreased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 21.9% in the third quarter, HoldingsChannel reports. The firm owned 133,184 shares of the company’s stock after selling 37,442 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,758,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in JPMorgan Ultra-Short Income ETF during the second quarter valued at $25,000. Kennebec Savings Bank purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $27,000. LRI Investments LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the first quarter worth $30,000. Hershey Financial Advisers LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $30,000. Finally, Triad Wealth Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $32,000.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.46 on Tuesday. The stock’s 50 day moving average price is $50.56 and its 200 day moving average price is $50.48. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.09 and a 52 week high of $50.75.

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.