JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Journey Strategic Wealth LLC

Journey Strategic Wealth LLC cut its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 71.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,296 shares of the company’s stock after selling 23,411 shares during the quarter. Journey Strategic Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $468,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in JPST. New Wave Wealth Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $25,000. Eastern Bank raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after buying an additional 250 shares during the last quarter. Kennebec Savings Bank acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth $27,000. Sound Income Strategies LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 82.2% during the fourth quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock valued at $38,000 after buying an additional 338 shares during the last quarter. Finally, Sugar Maple Asset Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $50,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.60 on Monday. The business has a fifty day moving average of $50.49 and a 200 day moving average of $50.52. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75.

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.