Verum Partners LLC Has $15.41 Million Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Verum Partners LLC cut its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 40.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 305,939 shares of the company’s stock after selling 207,121 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 4.4% of Verum Partners LLC’s investment portfolio, making the stock its 4th largest holding. Verum Partners LLC owned 0.07% of JPMorgan Ultra-Short Income ETF worth $15,410,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Abich Financial Wealth Management LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the second quarter worth $101,000. Daymark Wealth Partners LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 7.8% during the second quarter. Daymark Wealth Partners LLC now owns 120,926 shares of the company’s stock valued at $6,103,000 after purchasing an additional 8,755 shares during the period. Mcmorgan & Co. LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 32.6% in the second quarter. Mcmorgan & Co. LLC now owns 699,947 shares of the company’s stock worth $35,326,000 after acquiring an additional 172,065 shares during the period. The Manufacturers Life Insurance Company lifted its position in shares of JPMorgan Ultra-Short Income ETF by 6.8% during the second quarter. The Manufacturers Life Insurance Company now owns 31,200 shares of the company’s stock valued at $1,575,000 after buying an additional 2,000 shares during the last quarter. Finally, Buck Wealth Strategies LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at about $4,734,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.50 on Wednesday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.75. The firm’s 50-day moving average price is $50.48 and its 200-day moving average price is $50.52.

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.