Paragon Private Wealth Management LLC Reduces Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Paragon Private Wealth Management LLC cut its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 17.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 39,763 shares of the company’s stock after selling 8,387 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 0.9% of Paragon Private Wealth Management LLC’s holdings, making the stock its 29th largest holding. Paragon Private Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,003,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of 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 last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock valued at $690,096,000 after acquiring an additional 91,729 shares during the last quarter. LPL Financial LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.6% in the 3rd quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock valued at $566,868,000 after acquiring an additional 789,054 shares during the last quarter. HB Wealth Management LLC increased its holdings in shares of 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 acquiring an additional 838,189 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.8% in 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 acquiring an additional 103,192 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

Shares of NYSEARCA JPST opened at $50.51 on Monday. 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 50 day simple moving average of $50.49 and a 200-day simple moving average 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.