One Capital Management LLC Has $4.64 Million Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

One Capital Management LLC cut its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 16.8% during the second quarter, Holdings Channel reports. The institutional investor owned 91,932 shares of the company’s stock after selling 18,554 shares during the quarter. One Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,640,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF during the second quarter worth about $25,000. LRI Investments LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the first quarter worth about $30,000. Triad Wealth Partners LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the second quarter worth about $32,000. Cooksen Wealth LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $36,000. Finally, Tucker Asset Management LLC grew its position in JPMorgan Ultra-Short Income ETF by 75.7% during the fourth quarter. Tucker Asset Management LLC now owns 736 shares of the company’s stock worth $37,000 after buying an additional 317 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.64 on Tuesday. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.96 and a twelve month high of $50.68. The business’s 50-day simple moving average is $50.53 and its 200 day simple moving average is $50.41.

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.