Ergawealth Advisors Inc. Lowers Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Ergawealth Advisors Inc. reduced its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 93,788 shares of the company’s stock after selling 2,237 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 2.9% of Ergawealth Advisors Inc.’s portfolio, making the stock its 11th biggest holding. Ergawealth Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,711,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Walker Asset Management LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 3.0% during the fourth quarter. Walker Asset Management LLC now owns 7,015 shares of the company’s stock worth $352,000 after purchasing an additional 203 shares during the last quarter. Rollins Financial lifted its position in JPMorgan Ultra-Short Income ETF by 3.8% in the 3rd quarter. Rollins Financial now owns 5,598 shares of the company’s stock worth $281,000 after buying an additional 205 shares during the last quarter. Harbor Investment Advisory LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.7% during the 3rd quarter. Harbor Investment Advisory LLC now owns 2,908 shares of the company’s stock valued at $146,000 after purchasing an additional 208 shares during the last quarter. Inscription Capital LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 4.0% during the fourth quarter. Inscription Capital LLC now owns 5,608 shares of the company’s stock valued at $282,000 after buying an additional 214 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.6% in the third quarter. Advisors Asset Management Inc. now owns 6,562 shares of the company’s stock worth $329,000 after buying an additional 287 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

JPST stock traded up $0.02 during trading on Tuesday, hitting $50.33. 5,058,523 shares of the company traded hands, compared to its average volume of 3,788,014. The company has a 50-day moving average of $50.34 and a 200-day moving average of $50.27. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.93 and a 1 year high of $50.51.

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.