JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Stake Lowered by Twelve Points Wealth Management LLC

Twelve Points Wealth Management LLC trimmed its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,546 shares of the company’s stock after selling 500 shares during the period. Twelve Points Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $330,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of JPST. Eastern Bank lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after purchasing an additional 250 shares during the last quarter. Kennebec Savings Bank acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth about $27,000. Sound Income Strategies LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 82.2% during the 4th quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock worth $38,000 after acquiring an additional 338 shares in the last quarter. Sugar Maple Asset Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $50,000. Finally, Whittier Trust Co. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 29.5% in the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after acquiring an additional 295 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.57 on Thursday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75. The business has a 50 day moving average price of $50.48 and a 200 day moving average price of $50.52.

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.