JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Stake Lowered by Redmont Wealth Advisors LLC

Redmont Wealth Advisors LLC trimmed its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 86.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,000 shares of the company’s stock after selling 19,363 shares during the quarter. Redmont Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $151,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in JPST. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 39.9% in the third quarter. JPMorgan Chase & Co. now owns 17,993,049 shares of the company’s stock valued at $902,891,000 after acquiring an additional 5,127,429 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 29.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 13,457,071 shares of the company’s stock valued at $675,949,000 after buying an additional 3,081,352 shares in the last quarter. HB Wealth Management LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 8.4% during the 4th quarter. HB Wealth Management LLC now owns 7,633,421 shares of the company’s stock valued at $381,244,000 after purchasing an additional 593,425 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 37.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock worth $243,837,000 after purchasing an additional 1,317,710 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in JPMorgan Ultra-Short Income ETF by 5.2% during the third quarter. Royal Bank of Canada now owns 3,877,960 shares of the company’s stock valued at $194,596,000 after purchasing an additional 190,121 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

NYSEARCA:JPST traded up $0.02 during trading hours on Wednesday, reaching $50.30. 2,978,142 shares of the company’s stock were exchanged, compared to its average volume of 3,805,831. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.93 and a 12 month high of $50.51. The business’s 50-day simple moving average is $50.37 and its two-hundred day simple moving average is $50.35.

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.