Mosaic Financial Group LLC Has $1.04 Million Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Mosaic Financial Group LLC lowered its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 16.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,434 shares of the company’s stock after selling 4,104 shares during the quarter. Mosaic Financial Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,037,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Simplicity Wealth LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 60.8% in the second quarter. Simplicity Wealth LLC now owns 10,103 shares of the company’s stock valued at $510,000 after acquiring an additional 3,821 shares during the period. RFG Advisory LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $570,000. Transform Wealth LLC raised its position in JPMorgan Ultra-Short Income ETF by 1.9% in the second quarter. Transform Wealth LLC now owns 10,917 shares of the company’s stock worth $551,000 after purchasing an additional 200 shares in the last quarter. Chatham Capital Group Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 6.0% in the 2nd quarter. Chatham Capital Group Inc. now owns 200,839 shares of the company’s stock valued at $10,136,000 after purchasing an additional 11,432 shares during the period. Finally, Cooper Financial Group lifted its position in shares of JPMorgan Ultra-Short Income ETF by 9.7% during the 2nd quarter. Cooper Financial Group now owns 337,845 shares of the company’s stock worth $17,051,000 after buying an additional 29,745 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.48 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.19 and a 12 month high of $50.75. The company’s 50-day moving average price is $50.51 and its two-hundred day moving average price is $50.50.

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.