Cherry Tree Wealth Management LLC Lowers Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Cherry Tree Wealth Management LLC decreased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,863 shares of the company’s stock after selling 305 shares during the period. Cherry Tree Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $847,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Walker Asset Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 3.0% during the 4th quarter. Walker Asset Management LLC now owns 7,015 shares of the company’s stock valued at $352,000 after buying an additional 203 shares in the last quarter. Rollins Financial grew its stake in JPMorgan Ultra-Short Income ETF by 3.8% during the third quarter. Rollins Financial now owns 5,598 shares of the company’s stock valued at $281,000 after acquiring an additional 205 shares in the last quarter. Inscription Capital LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 4.0% in the 4th quarter. Inscription Capital LLC now owns 5,608 shares of the company’s stock valued at $282,000 after acquiring an additional 214 shares during the last quarter. Harbor Investment Advisory LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 8.6% in the 4th quarter. Harbor Investment Advisory LLC now owns 3,158 shares of the company’s stock worth $159,000 after purchasing an additional 250 shares in the last quarter. Finally, Baystate Wealth Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.2% during the 3rd quarter. Baystate Wealth Management LLC now owns 7,209 shares of the company’s stock valued at $362,000 after purchasing an additional 289 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST remained flat at $50.29 during mid-day trading on Wednesday. The company had a trading volume of 4,658,892 shares, compared to its average volume of 3,910,381. The business has a 50-day moving average of $50.34 and a 200 day moving average of $50.30. 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 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.