JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Wagner Wealth Management LLC

Wagner Wealth Management LLC reduced its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 42.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 979 shares of the company’s stock after selling 714 shares during the quarter. Wagner Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $49,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Canvas Wealth Advisors LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 36.7% during the fourth quarter. Canvas Wealth Advisors LLC now owns 66,965 shares of the company’s stock worth $3,386,000 after acquiring an additional 17,991 shares during the period. Stone Summit Wealth LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 23.9% during the 4th quarter. Stone Summit Wealth LLC now owns 32,523 shares of the company’s stock valued at $1,638,000 after purchasing an additional 6,267 shares in the last quarter. Compass Financial Services Inc acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $25,846,000. Newbridge Financial Services Group Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 9.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 5,201 shares of the company’s stock worth $262,000 after purchasing an additional 428 shares in the last quarter. Finally, Essex LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 5.5% during the fourth quarter. Essex LLC now owns 230,834 shares of the company’s stock valued at $11,627,000 after purchasing an additional 12,054 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.43 on Monday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75. The company has a 50 day moving average price of $50.48 and a 200 day moving average price of $50.52.

About JPMorgan Ultra-Short Income ETF

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.