Twelve Points Wealth Management LLC Sells 500 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Twelve Points Wealth Management LLC decreased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 6,546 shares of the company’s stock after selling 500 shares during the quarter. Twelve Points Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $330,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Eastern Bank raised its position in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after buying an additional 250 shares during the last quarter. Kennebec Savings Bank acquired a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at approximately $27,000. Sound Income Strategies LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 82.2% in the 4th quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock worth $38,000 after acquiring an additional 338 shares during the period. Sugar Maple Asset Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $50,000. Finally, Whittier Trust Co. increased its position in shares of JPMorgan Ultra-Short Income ETF by 29.5% during the third quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after purchasing an additional 295 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.57 on Thursday. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75. The business has a fifty day simple moving average of $50.48 and a 200 day simple moving average of $50.52.

About JPMorgan Ultra-Short Income ETF

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.