Redmont Wealth Advisors LLC Lowers Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Redmont Wealth Advisors LLC lessened its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 67.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,239 shares of the company’s stock after selling 10,721 shares during the period. Redmont Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $264,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JPST. Abich Financial Wealth Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $101,000. Daymark Wealth Partners LLC raised its holdings in 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 worth $6,103,000 after purchasing an additional 8,755 shares in the last quarter. Mcmorgan & Co. LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 32.6% during the second quarter. Mcmorgan & Co. LLC now owns 699,947 shares of the company’s stock worth $35,326,000 after purchasing an additional 172,065 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in JPMorgan Ultra-Short Income ETF by 6.8% in the second quarter. The Manufacturers Life Insurance Company now owns 31,200 shares of the company’s stock valued at $1,575,000 after purchasing an additional 2,000 shares during the period. Finally, Buck Wealth Strategies LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at approximately $4,734,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

NYSEARCA JPST opened at $50.51 on Thursday. The business’s 50 day moving average is $50.48 and its two-hundred day moving average is $50.52. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75.

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.