Sowa Financial Group Inc. Has $536,000 Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Sowa Financial Group Inc. decreased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.5% during the third quarter, Holdings Channel.com reports. The firm owned 10,563 shares of the company’s stock after selling 273 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 0.3% of Sowa Financial Group Inc.’s portfolio, making the stock its 29th biggest holding. Sowa Financial Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $536,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in JPST. Scott Capital Advisors LLC increased its stake in JPMorgan Ultra-Short Income ETF by 2.8% in the 1st quarter. Scott Capital Advisors LLC now owns 225,146 shares of the company’s stock valued at $11,327,000 after buying an additional 6,154 shares during the period. Concourse Financial Group Securities Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 16.0% during the first quarter. Concourse Financial Group Securities Inc. now owns 8,524 shares of the company’s stock worth $430,000 after acquiring an additional 1,178 shares in the last quarter. Oppenheimer & Co. Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 33.4% during the first quarter. Oppenheimer & Co. Inc. now owns 81,809 shares of the company’s stock valued at $4,127,000 after purchasing an additional 20,492 shares during the last quarter. Brookstone Capital Management boosted its position in JPMorgan Ultra-Short Income ETF by 14.7% during the second quarter. Brookstone Capital Management now owns 26,243 shares of the company’s stock valued at $1,324,000 after purchasing an additional 3,354 shares during the last quarter. Finally, SageView Advisory Group LLC grew its stake in JPMorgan Ultra-Short Income ETF by 146.4% in the fourth quarter. SageView Advisory Group LLC now owns 50,380 shares of the company’s stock valued at $2,543,000 after purchasing an additional 29,930 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

JPST opened at $50.53 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $49.97 and a fifty-two week high of $50.75. The business has a 50-day moving average of $50.58 and a 200-day moving average of $50.45.

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.