Opes Wealth Management LLC Has $320,000 Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Opes Wealth Management LLC trimmed its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 30.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,350 shares of the company’s stock after selling 2,780 shares during the quarter. Opes Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $320,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of JPST. JPMorgan Chase & Co. raised its position in JPMorgan Ultra-Short Income ETF by 30.0% in the 1st quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock valued at $2,305,103,000 after buying an additional 10,546,138 shares during the last quarter. HB Wealth Management LLC grew its stake in JPMorgan Ultra-Short Income ETF by 5.8% in the 1st quarter. HB Wealth Management LLC now owns 8,076,454 shares of the company’s stock valued at $405,234,000 after purchasing an additional 443,033 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in 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 valued at $243,837,000 after purchasing an additional 1,317,710 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in JPMorgan Ultra-Short Income ETF by 6.9% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 2,201,925 shares of the company’s stock valued at $111,131,000 after purchasing an additional 142,741 shares during the period. Finally, Goldman Sachs Group Inc. bought a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $93,574,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.54 on Friday. The business has a fifty day moving average price of $50.49 and a two-hundred day moving average price of $50.41. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.96 and a 1 year high of $50.68.

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.