Flaharty Asset Management LLC Sells 281,106 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Flaharty Asset Management LLC lowered its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 50.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 273,922 shares of the company’s stock after selling 281,106 shares during the period. JPMorgan Ultra-Short Income ETF makes up 2.0% of Flaharty Asset Management LLC’s holdings, making the stock its 24th biggest holding. Flaharty Asset Management LLC owned 0.06% of JPMorgan Ultra-Short Income ETF worth $13,797,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of JPST. Pinnacle Associates Ltd. increased its position in shares of JPMorgan Ultra-Short Income ETF by 87.9% in the third quarter. Pinnacle Associates Ltd. now owns 8,098 shares of the company’s stock worth $407,000 after purchasing an additional 3,788 shares during the period. SteelPeak Wealth LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 6.9% in the third quarter. SteelPeak Wealth LLC now owns 6,134 shares of the company’s stock worth $311,000 after purchasing an additional 394 shares during the period. US Bancorp DE increased its position in shares of JPMorgan Ultra-Short Income ETF by 5.6% in the third quarter. US Bancorp DE now owns 18,722 shares of the company’s stock worth $950,000 after purchasing an additional 997 shares during the period. Aspen Wealth Strategies LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 1.0% in the third quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock worth $1,372,000 after purchasing an additional 261 shares during the period. Finally, Summit Wealth Partners LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 2.2% in the third quarter. Summit Wealth Partners LLC now owns 360,529 shares of the company’s stock worth $18,293,000 after purchasing an additional 7,703 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.66 on Friday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.75. The stock’s fifty day moving average is $50.49 and its 200 day moving average is $50.53.

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.