IMS Capital Management Has $1.30 Million Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

IMS Capital Management cut its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.7% during the fourth quarter, HoldingsChannel reports. The firm owned 25,836 shares of the company’s stock after selling 3,437 shares during the period. IMS Capital Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,301,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. JPMorgan Chase & Co. boosted its holdings in JPMorgan Ultra-Short Income ETF by 26.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after purchasing an additional 15,245,816 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in JPMorgan Ultra-Short Income ETF by 22.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock worth $292,016,000 after buying an additional 1,053,392 shares in the last quarter. Temasek Holdings Private Ltd bought a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at about $50,075,000. West Oak Capital LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 2,619.5% in the 4th quarter. West Oak Capital LLC now owns 918,881 shares of the company’s stock valued at $46,284,000 after acquiring an additional 885,093 shares in the last quarter. Finally, HB Wealth Management LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 11.2% in the 4th quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock worth $416,590,000 after acquiring an additional 838,189 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.47 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The stock’s 50 day simple moving average is $50.48 and its 200-day simple moving average is $50.52.

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.