Avaii Wealth Management LLC Sells 1,814 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Avaii Wealth Management LLC cut its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 20.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,027 shares of the company’s stock after selling 1,814 shares during the quarter. Avaii Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $354,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 26.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock worth $3,731,666,000 after buying an additional 15,245,816 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF by 0.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock worth $690,096,000 after acquiring an additional 91,729 shares during the period. LPL Financial LLC boosted its position in JPMorgan Ultra-Short Income ETF by 7.6% in the third quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock worth $566,868,000 after purchasing an additional 789,054 shares during the last quarter. HB Wealth Management LLC grew its stake in JPMorgan Ultra-Short Income ETF by 11.2% in the 4th quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock valued at $416,590,000 after purchasing an additional 838,189 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 1.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock valued at $297,252,000 after purchasing an additional 103,192 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.53 on Friday. The company’s 50-day moving average is $50.48 and its 200 day moving average is $50.52. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75.

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.