Highline Wealth Partners LLC Has $15.66 Million Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Highline Wealth Partners LLC lowered its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 33.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 310,957 shares of the company’s stock after selling 156,872 shares during the period. JPMorgan Ultra-Short Income ETF makes up 5.1% of Highline Wealth Partners LLC’s investment portfolio, making the stock its 5th largest position. Highline Wealth Partners LLC owned about 0.07% of JPMorgan Ultra-Short Income ETF worth $15,663,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of JPST. Wealth Enhancement Advisory Services LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 1.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock worth $297,252,000 after acquiring an additional 103,192 shares in the last quarter. ORG Partners LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 464.4% during the fourth quarter. ORG Partners LLC now owns 272,980 shares of the company’s stock valued at $13,752,000 after buying an additional 224,617 shares during the last quarter. Legacy Private Trust Co. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 59.9% in the fourth quarter. Legacy Private Trust Co. now owns 313,943 shares of the company’s stock worth $15,813,000 after acquiring an additional 117,570 shares during the period. First Hawaiian Bank raised its stake in JPMorgan Ultra-Short Income ETF by 18.7% during the 4th quarter. First Hawaiian Bank now owns 56,869 shares of the company’s stock valued at $2,864,000 after buying an additional 8,958 shares during the last quarter. Finally, Private Client Services LLC increased its position in JPMorgan Ultra-Short Income ETF by 22.6% during the fourth quarter. Private Client Services LLC now owns 6,758 shares of the company’s stock valued at $340,000 after acquiring an additional 1,245 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST remained flat at $50.42 on Friday. The company had a trading volume of 3,926,145 shares, compared to its average volume of 6,140,318. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75. The business has a 50-day simple moving average of $50.47 and a 200 day simple moving average of $50.51.

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.