Tyler Stone Wealth Management trimmed its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 2.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 220,083 shares of the company’s stock after selling 6,416 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 2.0% of Tyler Stone Wealth Management’s portfolio, making the stock its 8th largest position. Tyler Stone Wealth Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,086,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in the company. New Wave Wealth Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $25,000. Eastern Bank grew its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after acquiring an additional 250 shares in the last quarter. Maryland Capital Advisors Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $31,000. Cyrus J. Lawrence LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $31,000. Finally, Cullen Frost Bankers Inc. acquired a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $33,000.
JPMorgan Ultra-Short Income ETF Stock Up 0.1 %
JPST stock opened at $50.59 on Wednesday. The business’s 50-day moving average is $50.52 and its two-hundred day moving average is $50.52. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year 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.
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Want to see what other hedge funds are holding JPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report).
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