JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Lpwm LLC

Lpwm LLC cut its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 171,873 shares of the company’s stock after selling 1,744 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 3.2% of Lpwm LLC’s investment portfolio, making the stock its 7th largest position. Lpwm LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,640,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Mine & Arao Wealth Creation & Management LLC. acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $30,000. Mendota Financial Group LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $34,000. Cooksen Wealth LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $36,000. Tucker Asset Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 75.7% during the 4th quarter. Tucker Asset Management LLC now owns 736 shares of the company’s stock worth $37,000 after buying an additional 317 shares during the period. Finally, Pacific Capital Wealth Advisors Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $45,000.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST remained flat at $50.46 during mid-day trading on Wednesday. The company had a trading volume of 3,161,215 shares, compared to its average volume of 3,798,884. The stock’s fifty day moving average is $50.37 and its 200 day moving average is $50.35. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.93 and a 1 year 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.