Cornerstone Wealth Management LLC Trims Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Cornerstone Wealth Management LLC lowered its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 49,517 shares of the company’s stock after selling 1,060 shares during the period. Cornerstone Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,512,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. Scott Capital Advisors LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 2.8% in the first quarter. Scott Capital Advisors LLC now owns 225,146 shares of the company’s stock valued at $11,327,000 after buying an additional 6,154 shares during the last quarter. Concourse Financial Group Securities Inc. raised its holdings in JPMorgan Ultra-Short Income ETF by 16.0% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 8,524 shares of the company’s stock valued at $430,000 after acquiring an additional 1,178 shares during the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 33.4% during the 1st quarter. Oppenheimer & Co. Inc. now owns 81,809 shares of the company’s stock worth $4,127,000 after purchasing an additional 20,492 shares during the period. Brookstone Capital Management boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 14.7% during the second quarter. Brookstone Capital Management now owns 26,243 shares of the company’s stock worth $1,324,000 after purchasing an additional 3,354 shares during the last quarter. Finally, First Horizon Advisors Inc. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 18.5% during the second quarter. First Horizon Advisors Inc. now owns 3,200 shares of the company’s stock worth $162,000 after purchasing an additional 500 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

JPMorgan Ultra-Short Income ETF stock opened at $50.57 on Thursday. The stock has a fifty day moving average price of $50.58 and a 200 day moving average price of $50.45. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.97 and a 52 week high of $50.75.

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.