JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Money Concepts Capital Corp

Money Concepts Capital Corp decreased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 51.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,905 shares of the company’s stock after selling 34,554 shares during the period. Money Concepts Capital Corp’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,657,000 as of its most recent SEC filing.

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

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.44 on Thursday. The business’s 50-day moving average price is $50.48 and its 200 day moving average price is $50.52. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-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.