JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Position Cut by Requisite Capital Management LLC

Requisite Capital Management LLC decreased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 15.3% during the first quarter, Holdings Channel reports. The firm owned 478,373 shares of the company’s stock after selling 86,351 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 5.2% of Requisite Capital Management LLC’s portfolio, making the stock its 8th largest holding. Requisite Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $24,134,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mine & Arao Wealth Creation & Management LLC. purchased a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $30,000. Mendota Financial Group LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $34,000. Cooksen Wealth LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $36,000. Tucker Asset Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 75.7% in the fourth quarter. Tucker Asset Management LLC now owns 736 shares of the company’s stock valued at $37,000 after acquiring an additional 317 shares in the last quarter. Finally, Pacific Capital Wealth Advisors Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $45,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

Shares of NYSEARCA JPST traded up $0.03 during mid-day trading on Tuesday, hitting $50.28. The company had a trading volume of 5,371,540 shares, compared to its average volume of 3,811,849. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.93 and a 1-year high of $50.51. The business’s 50-day simple moving average is $50.37 and its 200 day simple moving average is $50.35.

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.