JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) is Compass Financial Group Inc.’s 10th Largest Position

Compass Financial Group Inc. decreased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 27.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 138,266 shares of the company’s stock after selling 52,927 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 3.9% of Compass Financial Group Inc.’s investment portfolio, making the stock its 10th biggest position. Compass Financial Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,945,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Walker Asset Management LLC lifted its stake in 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 worth $352,000 after purchasing an additional 203 shares during the last quarter. Rollins Financial lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 3.8% in the 3rd quarter. Rollins Financial now owns 5,598 shares of the company’s stock valued at $281,000 after acquiring an additional 205 shares during the last quarter. Inscription Capital LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 4.0% during the 4th quarter. Inscription Capital LLC now owns 5,608 shares of the company’s stock valued at $282,000 after acquiring an additional 214 shares during the period. Harbor Investment Advisory LLC grew its position in JPMorgan Ultra-Short Income ETF by 8.6% during the 4th quarter. Harbor Investment Advisory LLC now owns 3,158 shares of the company’s stock worth $159,000 after acquiring an additional 250 shares during the last quarter. Finally, Baystate Wealth Management LLC increased its stake in JPMorgan Ultra-Short Income ETF by 4.2% in the 3rd quarter. Baystate Wealth Management LLC now owns 7,209 shares of the company’s stock worth $362,000 after purchasing an additional 289 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST remained flat at $50.38 during trading on Wednesday. The stock had a trading volume of 4,015,797 shares, compared to its average volume of 3,826,923. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.93 and a 52-week high of $50.51. The firm’s 50-day simple moving average is $50.34 and its two-hundred day simple moving average is $50.28.

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.