JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Drive Wealth Management LLC

Drive Wealth Management LLC reduced its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 37.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 4,343 shares of the company’s stock after selling 2,623 shares during the quarter. Drive Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $220,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Regatta Capital Group LLC increased its stake in JPMorgan Ultra-Short Income ETF by 12.0% in the 4th quarter. Regatta Capital Group LLC now owns 34,124 shares of the company’s stock valued at $1,719,000 after buying an additional 3,661 shares during the period. Affiance Financial LLC increased its stake in JPMorgan Ultra-Short Income ETF by 12.2% in the 4th quarter. Affiance Financial LLC now owns 17,961 shares of the company’s stock valued at $905,000 after buying an additional 1,949 shares during the period. Flagship Harbor Advisors LLC increased its stake in JPMorgan Ultra-Short Income ETF by 7.9% in the 4th quarter. Flagship Harbor Advisors LLC now owns 500,342 shares of the company’s stock valued at $25,202,000 after buying an additional 36,842 shares during the period. Nikulski Financial Inc. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 1.3% during the 4th quarter. Nikulski Financial Inc. now owns 46,121 shares of the company’s stock worth $2,323,000 after purchasing an additional 575 shares in the last quarter. Finally, GSB Wealth Management LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 9.1% during the 4th quarter. GSB Wealth Management LLC now owns 88,594 shares of the company’s stock worth $4,462,000 after purchasing an additional 7,412 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.55 on Tuesday. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75. The company’s fifty day moving average is $50.48 and its two-hundred day moving average is $50.52.

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.