JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Stake Decreased by Ridgepath Capital Management LLC

Ridgepath Capital Management LLC decreased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 47.9% during the third quarter, according to its most recent filing with the SEC. The firm owned 191,416 shares of the company’s stock after selling 175,797 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 7.7% of Ridgepath Capital Management LLC’s holdings, making the stock its 4th largest holding. Ridgepath Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,712,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JPST. J.W. Cole Advisors Inc. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 33.5% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 198,444 shares of the company’s stock worth $10,069,000 after purchasing an additional 49,801 shares in the last quarter. Financial Management Professionals Inc. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 8.1% in the 3rd quarter. Financial Management Professionals Inc. now owns 612,547 shares of the company’s stock worth $31,081,000 after purchasing an additional 45,967 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 22.4% in the 3rd 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 in the last quarter. PFG Investments LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 1.2% in the 3rd quarter. PFG Investments LLC now owns 51,589 shares of the company’s stock worth $2,618,000 after purchasing an additional 625 shares in the last quarter. Finally, BKM Wealth Management LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 6.1% in the 3rd quarter. BKM Wealth Management LLC now owns 8,044 shares of the company’s stock worth $408,000 after purchasing an additional 459 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

JPST stock opened at $50.58 on Monday. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.97 and a 12-month high of $50.75. The stock’s 50 day simple moving average is $50.59 and its 200 day simple moving average is $50.47.

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.