ZRC Wealth Management LLC Has $117,000 Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

ZRC Wealth Management LLC reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 46.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 2,339 shares of the company’s stock after selling 1,995 shares during the period. ZRC Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $117,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Walker Asset Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 3.0% in the fourth quarter. Walker Asset Management LLC now owns 7,015 shares of the company’s stock valued at $352,000 after purchasing an additional 203 shares during the last quarter. Unique Wealth LLC increased its holdings 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 last quarter. Inscription Capital LLC increased its holdings 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 last quarter. Kathleen S. Wright Associates Inc. increased its holdings 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 last quarter. Finally, First Heartland Consultants Inc. increased its holdings 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 last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST traded up $0.02 during trading on Thursday, reaching $50.30. 2,978,162 shares of the stock were exchanged, compared to its average volume of 3,805,831. The stock’s 50 day moving average price is $50.37 and its two-hundred day moving average price is $50.35. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.93 and a twelve 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.