JGP Wealth Management LLC Trims Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

JGP Wealth Management LLC lessened its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 66,504 shares of the company’s stock after selling 1,347 shares during the quarter. JGP Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,350,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of JPST. StrongBox Wealth LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 17.6% during the fourth quarter. StrongBox Wealth LLC now owns 490,987 shares of the company’s stock worth $24,731,000 after buying an additional 73,609 shares during the period. Financial Enhancement Group LLC increased its stake in JPMorgan Ultra-Short Income ETF by 96.1% during the 4th quarter. Financial Enhancement Group LLC now owns 122,119 shares of the company’s stock worth $6,158,000 after buying an additional 59,861 shares during the period. Brady Family Wealth LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 67.7% during the 4th quarter. Brady Family Wealth LLC now owns 25,891 shares of the company’s stock worth $1,304,000 after buying an additional 10,448 shares in the last quarter. Rovin Capital UT ADV purchased a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $476,000. Finally, Sagace Wealth Management LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $1,994,000.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.48 on Friday. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75. The business has a 50-day simple moving average of $50.47 and a 200-day simple moving average of $50.51.

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.