Prairie Wealth Advisors Inc. Sells 1,256 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Prairie Wealth Advisors Inc. cut its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 17,612 shares of the company’s stock after selling 1,256 shares during the quarter. Prairie Wealth Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $891,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JPST. 5th Street Advisors LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 7.3% in the 4th quarter. 5th Street Advisors LLC now owns 157,932 shares of the company’s stock valued at $7,955,000 after purchasing an additional 10,705 shares in the last quarter. Guardian Wealth Advisors LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 25.1% in the 4th quarter. Guardian Wealth Advisors LLC now owns 41,232 shares of the company’s stock valued at $2,077,000 after purchasing an additional 8,276 shares during the last quarter. Strategic Financial Concepts LLC boosted its position in JPMorgan Ultra-Short Income ETF by 7,199.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 620,003 shares of the company’s stock valued at $31,230,000 after buying an additional 611,509 shares in the last quarter. Encompass Wealth Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 9.0% during the fourth quarter. Encompass Wealth Advisors LLC now owns 216,243 shares of the company’s stock worth $10,892,000 after buying an additional 17,922 shares during the last quarter. Finally, Iron Horse Wealth Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 25.4% during the fourth quarter. Iron Horse Wealth Management LLC now owns 3,866 shares of the company’s stock worth $195,000 after buying an additional 783 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.44 on Friday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75. The business has a 50-day simple moving average of $50.48 and a two-hundred day simple moving average of $50.52.

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.