Linscomb Wealth Inc. Sells 2,034 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Linscomb Wealth Inc. reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 20.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,711 shares of the company’s stock after selling 2,034 shares during the quarter. Linscomb Wealth Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $389,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of JPST. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 30.0% in the first quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock valued at $2,305,103,000 after purchasing an additional 10,546,138 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 29.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 13,457,071 shares of the company’s stock valued at $675,949,000 after purchasing an additional 3,081,352 shares during the period. Goldman Sachs Group Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $93,574,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 37.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock valued at $243,837,000 after purchasing an additional 1,317,710 shares during the period. Finally, Sollinda Capital Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter worth $40,809,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

JPMorgan Ultra-Short Income ETF stock traded up $0.05 during mid-day trading on Friday, reaching $50.56. 2,660,429 shares of the company were exchanged, compared to its average volume of 3,756,327. The business has a fifty day moving average of $50.40 and a 200 day moving average of $50.37. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.96 and a 12-month high of $50.60.

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.