Ergawealth Advisors Inc. Sells 6,879 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Ergawealth Advisors Inc. lessened its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 83,003 shares of the company’s stock after selling 6,879 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 2.1% of Ergawealth Advisors Inc.’s holdings, making the stock its 15th largest position. Ergawealth Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,212,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Dakota Wealth Management grew its position in JPMorgan Ultra-Short Income ETF by 11.6% in the 3rd quarter. Dakota Wealth Management now owns 257,233 shares of the company’s stock worth $13,052,000 after purchasing an additional 26,747 shares during the period. DHJJ Financial Advisors Ltd. grew its position in JPMorgan Ultra-Short Income ETF by 21.4% in the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 1,817 shares of the company’s stock worth $92,000 after purchasing an additional 320 shares during the period. TFG Advisers LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 145.2% during the 3rd quarter. TFG Advisers LLC now owns 38,729 shares of the company’s stock valued at $1,965,000 after acquiring an additional 22,933 shares during the period. Sterling Financial Group Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $313,000. Finally, Community Trust & Investment Co. bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $238,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.58 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $49.97 and a fifty-two week high of $50.75. The firm’s fifty day moving average is $50.59 and its 200 day moving average is $50.46.

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.