Linscomb Wealth Inc. Reduces Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Linscomb Wealth Inc. decreased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 20.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 7,711 shares of the company’s stock after selling 2,034 shares during the quarter. Linscomb Wealth Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $389,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Family Asset Management LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 8.5% during the fourth quarter. Family Asset Management LLC now owns 75,349 shares of the company’s stock worth $3,785,000 after buying an additional 5,913 shares during the last quarter. Confluence Wealth Services Inc. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 22.8% during the first quarter. Confluence Wealth Services Inc. now owns 12,791 shares of the company’s stock worth $645,000 after buying an additional 2,373 shares during the last quarter. Roof Eidam Maycock Peralta LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 85.0% during the fourth quarter. Roof Eidam Maycock Peralta LLC now owns 252,973 shares of the company’s stock worth $12,707,000 after buying an additional 116,230 shares during the last quarter. Tradewinds Capital Management LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.7% during the fourth quarter. Tradewinds Capital Management LLC now owns 107,825 shares of the company’s stock worth $5,416,000 after buying an additional 801 shares during the last quarter. Finally, ADAR1 Capital Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $2,461,000.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST traded up $0.05 during mid-day trading on Friday, reaching $50.56. The stock had a trading volume of 2,660,429 shares, compared to its average volume of 3,756,327. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.96 and a twelve month high of $50.60. The business has a 50 day simple moving average of $50.40 and a 200 day simple moving average of $50.37.

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.