JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Position Cut by Requisite Capital Management LLC

Requisite Capital Management LLC cut its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 15.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 478,373 shares of the company’s stock after selling 86,351 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 5.2% of Requisite Capital Management LLC’s portfolio, making the stock its 8th biggest position. Requisite Capital Management LLC owned about 0.11% of JPMorgan Ultra-Short Income ETF worth $24,134,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Mine & Arao Wealth Creation & Management LLC. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth approximately $30,000. Mendota Financial Group LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth approximately $34,000. Cooksen Wealth LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth approximately $36,000. Tucker Asset Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 75.7% in the fourth quarter. Tucker Asset Management LLC now owns 736 shares of the company’s stock worth $37,000 after buying an additional 317 shares during the period. Finally, Pacific Capital Wealth Advisors Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth approximately $45,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.1 %

Shares of NYSEARCA JPST traded up $0.03 during midday trading on Tuesday, hitting $50.28. The company’s stock had a trading volume of 5,371,540 shares, compared to its average volume of 3,811,849. The business’s 50 day moving average is $50.37 and its two-hundred day moving average is $50.35. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.93 and a 12-month high of $50.51.

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.