Mission Wealth Management LP Reduces Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Mission Wealth Management LP reduced its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,304 shares of the company’s stock after selling 3,666 shares during the quarter. Mission Wealth Management LP’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,522,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tradewinds Capital Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 0.7% in the fourth quarter. Tradewinds Capital Management LLC now owns 107,825 shares of the company’s stock valued at $5,416,000 after buying an additional 801 shares during the last quarter. Krilogy Financial LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 6.5% in the fourth quarter. Krilogy Financial LLC now owns 198,817 shares of the company’s stock valued at $9,987,000 after buying an additional 12,213 shares in the last quarter. Redmont Wealth Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.3% in the fourth quarter. Redmont Wealth Advisors LLC now owns 22,363 shares of the company’s stock valued at $1,123,000 after buying an additional 493 shares in the last quarter. WNY Asset Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 460.6% in the third quarter. WNY Asset Management LLC now owns 110,265 shares of the company’s stock valued at $5,533,000 after buying an additional 90,596 shares in the last quarter. Finally, Buck Wealth Strategies LLC raised its stake in JPMorgan Ultra-Short Income ETF by 4.1% during the 4th quarter. Buck Wealth Strategies LLC now owns 66,202 shares of the company’s stock valued at $3,325,000 after purchasing an additional 2,587 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.44 on Wednesday. The company’s fifty day moving average is $50.35 and its two-hundred day moving average is $50.29. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.93 and a 12-month high of $50.51.

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.