JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Financial Enhancement Group LLC

Financial Enhancement Group LLC reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,660 shares of the company’s stock after selling 3,013 shares during the quarter. Financial Enhancement Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,510,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JPST. Family Asset Management LLC grew its position in JPMorgan Ultra-Short Income ETF by 8.5% during the 4th quarter. Family Asset Management LLC now owns 75,349 shares of the company’s stock worth $3,785,000 after purchasing an additional 5,913 shares during the last quarter. Roof Eidam Maycock Peralta LLC grew its position in JPMorgan Ultra-Short Income ETF by 85.0% during the 4th quarter. Roof Eidam Maycock Peralta LLC now owns 252,973 shares of the company’s stock worth $12,707,000 after purchasing an additional 116,230 shares during the last quarter. Tradewinds Capital Management LLC grew its position in JPMorgan Ultra-Short Income ETF by 0.7% during the 4th quarter. Tradewinds Capital Management LLC now owns 107,825 shares of the company’s stock worth $5,416,000 after purchasing an additional 801 shares during the last quarter. ADAR1 Capital Management LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $2,461,000. Finally, Krilogy Financial LLC grew its position in JPMorgan Ultra-Short Income ETF by 6.5% during the 4th quarter. Krilogy Financial LLC now owns 198,817 shares of the company’s stock worth $9,987,000 after purchasing an additional 12,213 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock remained flat at $50.46 during midday trading on Wednesday. 3,161,215 shares of the company’s stock traded hands, compared to its average volume of 3,798,884. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.93 and a 52 week high of $50.51. The business has a 50-day moving average price of $50.37 and a 200 day moving average price of $50.35.

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.