Financial Perspectives Inc Sells 1,113 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Financial Perspectives Inc cut its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.1% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 99,130 shares of the company’s stock after selling 1,113 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 1.9% of Financial Perspectives Inc’s portfolio, making the stock its 13th largest holding. Financial Perspectives Inc’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,001,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the stock. Walker Asset Management LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 3.0% during the fourth quarter. Walker Asset Management LLC now owns 7,015 shares of the company’s stock worth $352,000 after buying an additional 203 shares during the period. Unique Wealth LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 2.1% during the first quarter. Unique Wealth LLC now owns 10,258 shares of the company’s stock worth $517,000 after buying an additional 208 shares during the period. Inscription Capital LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 4.0% during the fourth quarter. Inscription Capital LLC now owns 5,608 shares of the company’s stock worth $282,000 after buying an additional 214 shares during the period. Kathleen S. Wright Associates Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 2.5% during the first quarter. Kathleen S. Wright Associates Inc. now owns 9,307 shares of the company’s stock worth $470,000 after buying an additional 226 shares during the period. Finally, First Heartland Consultants Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 2.8% during the fourth quarter. First Heartland Consultants Inc. now owns 8,547 shares of the company’s stock worth $429,000 after buying an additional 233 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

JPST stock traded up $0.02 during mid-day trading on Thursday, hitting $50.30. 2,978,162 shares of the company were exchanged, compared to its average volume of 3,805,831. The business has a fifty day simple moving average of $50.37 and a 200-day simple moving average of $50.35. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.93 and a 12-month high of $50.51.

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.