JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Wealth Advisors of Iowa LLC

Wealth Advisors of Iowa LLC trimmed its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 24.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 99,858 shares of the company’s stock after selling 32,697 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 1.7% of Wealth Advisors of Iowa LLC’s holdings, making the stock its 13th biggest holding. Wealth Advisors of Iowa LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,052,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Cornerstone Wealth Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.8% during the 4th quarter. Cornerstone Wealth Management LLC now owns 75,558 shares of the company’s stock worth $3,822,000 after buying an additional 2,063 shares during the last quarter. Flavin Financial Services Inc. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.9% during the 4th quarter. Flavin Financial Services Inc. now owns 178,128 shares of the company’s stock worth $9,011,000 after buying an additional 8,283 shares during the last quarter. Pinnacle Associates Ltd. increased its holdings in JPMorgan Ultra-Short Income ETF by 47.7% in the 4th quarter. Pinnacle Associates Ltd. now owns 34,635 shares of the company’s stock valued at $1,752,000 after purchasing an additional 11,180 shares in the last quarter. Western Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 10.2% in the 4th quarter. Western Wealth Management LLC now owns 68,482 shares of the company’s stock valued at $3,464,000 after purchasing an additional 6,345 shares in the last quarter. Finally, TFO Wealth Partners LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 10.1% in the 4th quarter. TFO Wealth Partners LLC now owns 52,512 shares of the company’s stock valued at $2,657,000 after purchasing an additional 4,803 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Trading Down 0.0%

Shares of NYSEARCA JPST opened at $50.51 on Friday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.42 and a 12-month high of $50.79. The company has a market cap of $37.54 billion, a P/E ratio of 109.80 and a beta of 0.01. The stock has a fifty day moving average price of $50.53 and a 200 day moving average price of $50.63.

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.