Brown Miller Wealth Management LLC Has $896,000 Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Brown Miller Wealth Management LLC decreased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 17.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,838 shares of the company’s stock after selling 3,775 shares during the quarter. Brown Miller Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $896,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in JPST. Ameritas Investment Partners Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at about $25,000. BluePath Capital Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth about $26,000. Coppell Advisory Solutions Corp. bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $32,000. Sunbelt Securities Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the first quarter valued at about $38,000. Finally, GPS Wealth Strategies Group LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 65.5% during the third quarter. GPS Wealth Strategies Group LLC now owns 998 shares of the company’s stock worth $50,000 after acquiring an additional 395 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock traded down $0.01 during trading on Thursday, hitting $50.45. The company had a trading volume of 3,994,183 shares, compared to its average volume of 3,673,192. JPMorgan Ultra-Short Income ETF has a one year low of $49.93 and a one year high of $50.51. The business has a 50-day moving average of $50.36 and a 200-day moving average of $50.25.

JPMorgan Ultra-Short Income ETF 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.