Texas Yale Capital Corp. Reduces Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Texas Yale Capital Corp. reduced its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 176,914 shares of the company’s stock after selling 1,450 shares during the period. Texas Yale Capital Corp.’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,911,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in shares of JPMorgan Ultra-Short Income ETF by 32.6% in the fourth quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock worth $4,911,897,000 after purchasing an additional 23,971,471 shares during the last quarter. LPL Financial LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 13.6% in the 4th quarter. LPL Financial LLC now owns 12,694,776 shares of the company’s stock worth $639,436,000 after acquiring an additional 1,522,758 shares during the last quarter. HB Wealth Management LLC raised its position in JPMorgan Ultra-Short Income ETF by 11.2% during the 4th quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock valued at $416,590,000 after purchasing an additional 838,189 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in JPMorgan Ultra-Short Income ETF by 3.3% in the 4th quarter. Wells Fargo & Company MN now owns 7,130,097 shares of the company’s stock worth $359,143,000 after buying an additional 224,833 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 1.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock worth $297,252,000 after buying an additional 103,192 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.42 on Wednesday. The business has a 50 day moving average of $50.52 and a 200 day moving average of $50.51. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.75.

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.