Baker Tilly Wealth Management LLC Lowers Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Baker Tilly Wealth Management LLC decreased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 22,286 shares of the company’s stock after selling 510 shares during the quarter. Baker Tilly Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,123,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JPST. Hayek Kallen Investment Management lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 0.3% during the 3rd quarter. Hayek Kallen Investment Management now owns 76,493 shares of the company’s stock worth $3,881,000 after purchasing an additional 219 shares during the period. Aspen Wealth Strategies LLC lifted its position in JPMorgan Ultra-Short Income ETF by 1.0% during the third quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock worth $1,372,000 after buying an additional 261 shares during the period. Edgestream Partners L.P. boosted its stake in JPMorgan Ultra-Short Income ETF by 0.6% in the 3rd quarter. Edgestream Partners L.P. now owns 47,521 shares of the company’s stock worth $2,411,000 after buying an additional 262 shares during the last quarter. Eagle Bluffs Wealth Management LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 0.6% in the 3rd quarter. Eagle Bluffs Wealth Management LLC now owns 51,672 shares of the company’s stock worth $2,622,000 after buying an additional 293 shares during the last quarter. Finally, Private Trust Co. NA grew its holdings in JPMorgan Ultra-Short Income ETF by 1.4% in the 3rd quarter. Private Trust Co. NA now owns 21,106 shares of the company’s stock valued at $1,071,000 after buying an additional 294 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST remained flat at $50.42 during mid-day trading on Friday. 1,822,431 shares of the company traded hands, compared to its average volume of 5,801,865. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75. The business has a fifty day moving average of $50.47 and a 200-day moving average 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.