WFA of San Diego LLC Reduces Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

WFA of San Diego LLC cut its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 25.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,504 shares of the company’s stock after selling 4,166 shares during the period. WFA of San Diego LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $634,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Transform Wealth LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.9% in the second quarter. Transform Wealth LLC now owns 10,917 shares of the company’s stock worth $551,000 after acquiring an additional 200 shares during the period. InTrack Investment Management Inc boosted its position in JPMorgan Ultra-Short Income ETF by 2.4% in the second quarter. InTrack Investment Management Inc now owns 8,992 shares of the company’s stock worth $454,000 after purchasing an additional 209 shares during the last quarter. Etesian Wealth Advisors Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 3.4% during the 2nd quarter. Etesian Wealth Advisors Inc. now owns 6,387 shares of the company’s stock valued at $322,000 after purchasing an additional 213 shares during the period. Hayek Kallen Investment Management increased its position in shares of JPMorgan Ultra-Short Income ETF by 0.3% during the 3rd quarter. Hayek Kallen Investment Management now owns 76,493 shares of the company’s stock valued at $3,881,000 after purchasing an additional 219 shares during the last quarter. Finally, Aspen Wealth Strategies LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 1.0% during the third quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock valued at $1,372,000 after buying an additional 261 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.56 on Thursday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.13 and a 1 year high of $50.75. The firm has a fifty day moving average price of $50.54 and a 200-day moving average price of $50.49.

About JPMorgan Ultra-Short Income ETF

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.