JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Stake Reduced by NavPoint Financial Inc.

NavPoint Financial Inc. lessened its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 18.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 183,048 shares of the company’s stock after selling 40,602 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 8.0% of NavPoint Financial Inc.’s portfolio, making the stock its 2nd biggest holding. NavPoint Financial Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,238,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in JPST. Transform Wealth LLC boosted its position in JPMorgan Ultra-Short Income ETF by 1.9% during the second quarter. Transform Wealth LLC now owns 10,917 shares of the company’s stock worth $551,000 after acquiring an additional 200 shares during the last quarter. Unique Wealth LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 2.1% during the 1st quarter. Unique Wealth LLC now owns 10,258 shares of the company’s stock worth $517,000 after acquiring an additional 208 shares in the last quarter. InTrack Investment Management Inc raised its position in shares of JPMorgan Ultra-Short Income ETF by 2.4% during the 2nd quarter. InTrack Investment Management Inc now owns 8,992 shares of the company’s stock worth $454,000 after purchasing an additional 209 shares during the last quarter. Etesian Wealth Advisors Inc. raised its position in shares of JPMorgan Ultra-Short Income ETF by 3.4% in the 2nd quarter. Etesian Wealth Advisors Inc. now owns 6,387 shares of the company’s stock worth $322,000 after buying an additional 213 shares during the period. Finally, Kathleen S. Wright Associates Inc. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 2.5% during the first quarter. Kathleen S. Wright Associates Inc. now owns 9,307 shares of the company’s stock worth $470,000 after purchasing an additional 226 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

Shares of JPMorgan Ultra-Short Income ETF stock traded up $0.02 during trading on Tuesday, hitting $50.65. 3,038,557 shares of the stock were exchanged, compared to its average volume of 3,856,743. The stock’s fifty day moving average is $50.46 and its 200 day moving average is $50.39. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.96 and a 12 month high of $50.67.

JPMorgan Ultra-Short Income ETF Company 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.