Headinvest LLC Cuts Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Headinvest LLC cut its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 20.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 4,620 shares of the company’s stock after selling 1,216 shares during the period. Headinvest LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $234,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. LPL Financial LLC boosted its position in JPMorgan Ultra-Short Income ETF by 13.5% during the second quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock valued at $524,028,000 after buying an additional 1,235,482 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 22.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock worth $292,016,000 after buying an additional 1,053,392 shares during the period. Spire Wealth Management lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 207.5% in the 2nd quarter. Spire Wealth Management now owns 1,515,432 shares of the company’s stock valued at $76,484,000 after acquiring an additional 1,022,638 shares during the last quarter. Temasek Holdings Private Ltd purchased a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at about $50,075,000. Finally, ACT Advisors LLC. bought a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $32,356,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.48 on Monday. JPMorgan Ultra-Short Income ETF has a one year low of $50.19 and a one year high of $50.75. The business’s 50 day simple moving average is $50.51 and its two-hundred day simple moving average is $50.50.

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.