JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Transform Wealth LLC

Transform Wealth LLC trimmed its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 17.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 10,717 shares of the company’s stock after selling 2,308 shares during the period. Transform Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $541,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Family Asset Management LLC raised its stake in JPMorgan Ultra-Short Income ETF by 8.5% in the 4th quarter. Family Asset Management LLC now owns 75,349 shares of the company’s stock valued at $3,785,000 after purchasing an additional 5,913 shares during the last quarter. Roof Eidam Maycock Peralta LLC raised its stake in JPMorgan Ultra-Short Income ETF by 85.0% in the 4th quarter. Roof Eidam Maycock Peralta LLC now owns 252,973 shares of the company’s stock valued at $12,707,000 after purchasing an additional 116,230 shares during the last quarter. Tradewinds Capital Management LLC raised its stake in JPMorgan Ultra-Short Income ETF by 0.7% in the 4th quarter. Tradewinds Capital Management LLC now owns 107,825 shares of the company’s stock valued at $5,416,000 after purchasing an additional 801 shares during the last quarter. ADAR1 Capital Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $2,461,000. Finally, Krilogy Financial LLC raised its stake in JPMorgan Ultra-Short Income ETF by 6.5% in the 4th quarter. Krilogy Financial LLC now owns 198,817 shares of the company’s stock valued at $9,987,000 after purchasing an additional 12,213 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

NYSEARCA JPST traded up $0.02 during mid-day trading on Thursday, hitting $50.47. The stock had a trading volume of 3,346,159 shares, compared to its average volume of 3,795,202. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.93 and a twelve month high of $50.51. The firm’s 50 day moving average is $50.37 and its 200 day moving average is $50.35.

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.