JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) is Mills Wealth Advisors LLC’s 4th Largest Position

Mills Wealth Advisors LLC lowered its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 224,943 shares of the company’s stock after selling 31,314 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 6.4% of Mills Wealth Advisors LLC’s portfolio, making the stock its 4th biggest position. Mills Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,330,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in JPST. Moloney Securities Asset Management LLC increased its position in JPMorgan Ultra-Short Income ETF by 1.6% during the 4th quarter. Moloney Securities Asset Management LLC now owns 14,662 shares of the company’s stock valued at $739,000 after purchasing an additional 224 shares during the period. Linscomb Wealth Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 3.1% during the fourth quarter. Linscomb Wealth Inc. now owns 8,026 shares of the company’s stock valued at $404,000 after purchasing an additional 241 shares in the last quarter. Eastern Bank increased its holdings in JPMorgan Ultra-Short Income ETF by 95.1% during the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after buying an additional 250 shares during the period. SteelPeak Wealth LLC raised its stake in JPMorgan Ultra-Short Income ETF by 4.2% in the fourth quarter. SteelPeak Wealth LLC now owns 6,394 shares of the company’s stock worth $323,000 after buying an additional 260 shares in the last quarter. Finally, Aspen Wealth Strategies LLC raised its stake in JPMorgan Ultra-Short Income ETF by 1.0% in the third quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock worth $1,372,000 after buying an additional 261 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.60 on Friday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75. The business’s fifty day simple moving average is $50.49 and its 200-day simple moving average is $50.53.

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.