Naviter Wealth LLC Has $9.85 Million Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Naviter Wealth LLC decreased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 35.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 195,328 shares of the company’s stock after selling 109,584 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 1.6% of Naviter Wealth LLC’s portfolio, making the stock its 9th largest position. Naviter Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,854,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the stock. Family Asset Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 8.5% in the fourth quarter. Family Asset Management LLC now owns 75,349 shares of the company’s stock valued at $3,785,000 after acquiring an additional 5,913 shares in the last quarter. Roof Eidam Maycock Peralta LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 85.0% during the 4th quarter. Roof Eidam Maycock Peralta LLC now owns 252,973 shares of the company’s stock valued at $12,707,000 after acquiring an additional 116,230 shares during the period. Tradewinds Capital Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 0.7% during the 4th quarter. Tradewinds Capital Management LLC now owns 107,825 shares of the company’s stock valued at $5,416,000 after acquiring an additional 801 shares during the period. ADAR1 Capital Management LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $2,461,000. Finally, Krilogy Financial LLC lifted its holdings 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 worth $9,987,000 after purchasing an additional 12,213 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

Shares of JPST traded up $0.03 during mid-day trading on Tuesday, hitting $50.28. 5,371,540 shares of the stock were exchanged, compared to its average volume of 3,811,849. The firm has a 50-day moving average of $50.37 and a two-hundred day moving average of $50.35. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.93 and a 52-week high of $50.51.

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.