Cliftonlarsonallen Wealth Advisors LLC Reduces Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Cliftonlarsonallen Wealth Advisors LLC reduced its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 355,622 shares of the company’s stock after selling 719 shares during the period. Cliftonlarsonallen Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $17,913,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. raised its stake 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. Charles Schwab Investment Management Inc. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 0.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock valued at $690,096,000 after buying an additional 91,729 shares in the last quarter. LPL Financial LLC boosted 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. Wealth Enhancement Advisory Services LLC increased its stake in JPMorgan Ultra-Short Income ETF by 1.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock worth $297,252,000 after buying an additional 103,192 shares in the last quarter. Finally, Cerity Partners LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 9.5% during the third quarter. Cerity Partners LLC now owns 3,570,373 shares of the company’s stock valued at $181,161,000 after acquiring an additional 308,312 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST traded up $0.04 during mid-day trading on Wednesday, reaching $50.47. The company’s stock had a trading volume of 428,170 shares, compared to its average volume of 5,378,287. The stock has a fifty day moving average of $50.47 and a two-hundred day moving average of $50.51. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week 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.