JGP Wealth Management LLC Has $3.44 Million Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

JGP Wealth Management LLC decreased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 67,851 shares of the company’s stock after selling 1,213 shares during the quarter. JGP Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,443,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of JPST. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at approximately $25,000. LRI Investments LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the first quarter valued at approximately $30,000. Hershey Financial Advisers LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth approximately $30,000. Triad Wealth Partners LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the second quarter worth $32,000. Finally, Cooksen Wealth LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $36,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST traded up $0.02 during trading on Friday, reaching $50.52. 2,956,694 shares of the company were exchanged, compared to its average volume of 3,940,528. The company’s 50-day moving average is $50.57 and its two-hundred day moving average is $50.45. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.97 and a 12-month high of $50.75.

JPMorgan Ultra-Short Income ETF Company 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.