IMZ Advisory Inc Sells 10,924 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

IMZ Advisory Inc reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 370,279 shares of the company’s stock after selling 10,924 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 8.5% of IMZ Advisory Inc’s investment portfolio, making the stock its 5th biggest holding. IMZ Advisory Inc owned 0.08% of JPMorgan Ultra-Short Income ETF worth $18,651,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. JPMorgan Chase & Co. lifted its position in JPMorgan Ultra-Short Income ETF by 26.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock worth $3,731,666,000 after acquiring an additional 15,245,816 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake 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 purchasing an additional 1,053,392 shares during the last quarter. Temasek Holdings Private Ltd acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth about $50,075,000. West Oak Capital LLC boosted its position in JPMorgan Ultra-Short Income ETF by 2,619.5% in the fourth quarter. West Oak Capital LLC now owns 918,881 shares of the company’s stock valued at $46,284,000 after buying an additional 885,093 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 7.6% in the 3rd quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock worth $566,868,000 after buying an additional 789,054 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.43 on Tuesday. The company has a 50 day simple moving average of $50.47 and a two-hundred day simple moving average of $50.51. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75.

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.