Seed Wealth Management Inc. Lowers Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Seed Wealth Management Inc. cut its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,500 shares of the company’s stock after selling 500 shares during the quarter. Seed Wealth Management Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $579,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 132.5% in the second quarter. Bank of New York Mellon Corp now owns 39,772 shares of the company’s stock valued at $2,007,000 after acquiring an additional 22,665 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock worth $182,463,000 after purchasing an additional 14,611 shares during the last quarter. Inspire Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $216,000. Brown Brothers Harriman & Co. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $265,000. Finally, Total Clarity Wealth Management Inc. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 59.8% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 12,565 shares of the company’s stock worth $634,000 after purchasing an additional 4,704 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.43 on Tuesday. The company’s 50-day moving average is $50.47 and its 200 day moving average is $50.51. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week 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.