Apollon Wealth Management LLC Sells 333 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Apollon Wealth Management LLC reduced its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 42,774 shares of the company’s stock after selling 333 shares during the period. Apollon Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,159,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Family Asset Management LLC raised its stake in JPMorgan Ultra-Short Income ETF by 8.5% during 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. Confluence Wealth Services Inc. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 22.8% during the 1st quarter. Confluence Wealth Services Inc. now owns 12,791 shares of the company’s stock worth $645,000 after purchasing an additional 2,373 shares during the period. Roof Eidam Maycock Peralta LLC raised its position 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 valued at $12,707,000 after buying an additional 116,230 shares during the last quarter. ADAR1 Capital Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $2,461,000. Finally, Valley Wealth Managers Inc. grew its position in JPMorgan Ultra-Short Income ETF by 32.9% during the fourth quarter. Valley Wealth Managers Inc. now owns 223,417 shares of the company’s stock worth $11,222,000 after buying an additional 55,325 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.1 %

JPST traded up $0.03 on Monday, hitting $50.57. 4,700,888 shares of the stock traded hands, compared to its average volume of 3,864,164. The business has a fifty day moving average price of $50.44 and a two-hundred day moving average price of $50.38. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.96 and a 52 week high of $50.64.

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.