Tradewinds Capital Management LLC Has $5.48 Million Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Tradewinds Capital Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.8% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 108,650 shares of the company’s stock after acquiring an additional 825 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 1.5% of Tradewinds Capital Management LLC’s holdings, making the stock its 15th biggest holding. Tradewinds Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,481,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Mine & Arao Wealth Creation & Management LLC. bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $30,000. Mendota Financial Group LLC bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $34,000. Cooksen Wealth LLC bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $36,000. Tucker Asset Management LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 75.7% during the fourth quarter. Tucker Asset Management LLC now owns 736 shares of the company’s stock worth $37,000 after acquiring an additional 317 shares during the last quarter. Finally, Pacific Capital Wealth Advisors Inc. bought a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $45,000.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST traded up $0.02 during mid-day trading on Wednesday, reaching $50.30. 2,499,430 shares of the company were exchanged, compared to its average volume of 3,799,687. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.93 and a 52 week high of $50.51. The business has a 50 day simple moving average of $50.37 and a two-hundred day simple moving average of $50.35.

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.