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

WealthCare Investment Partners LLC lowered its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 52.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 48,578 shares of the company’s stock after selling 54,180 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 1.5% of WealthCare Investment Partners LLC’s portfolio, making the stock its 18th largest position. WealthCare Investment Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,427,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Stonehearth Capital Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 0.8% in the 4th quarter. Stonehearth Capital Management LLC now owns 470,497 shares of the company’s stock valued at $23,586,000 after purchasing an additional 3,866 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in JPMorgan Ultra-Short Income ETF by 7.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,687 shares of the company’s stock valued at $235,000 after purchasing an additional 313 shares during the last quarter. Coastal Investment Advisors Inc. increased its holdings in JPMorgan Ultra-Short Income ETF by 119.8% in the 4th quarter. Coastal Investment Advisors Inc. now owns 19,414 shares of the company’s stock valued at $973,000 after purchasing an additional 10,581 shares during the last quarter. Redhawk Wealth Advisors Inc. purchased a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $376,000. Finally, Beacon Harbor Wealth Advisors Inc. purchased a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $13,342,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock traded up $0.02 during midday trading on Tuesday, hitting $50.13. The company’s stock had a trading volume of 1,359,857 shares, compared to its average volume of 4,691,409. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.93 and a 52-week high of $50.40. The firm has a 50-day simple moving average of $50.10 and a 200-day simple moving average of $50.16.

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.