JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Stake Cut by Richard P Slaughter Associates Inc

Richard P Slaughter Associates Inc lessened its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 42,713 shares of the company’s stock after selling 451 shares during the period. Richard P Slaughter Associates Inc’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,151,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of JPST. Thurston Springer Miller Herd & Titak Inc. grew its stake in JPMorgan Ultra-Short Income ETF by 26.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,142 shares of the company’s stock worth $108,000 after buying an additional 450 shares during the last quarter. Park Avenue Securities LLC grew its position in JPMorgan Ultra-Short Income ETF by 12.4% in the 4th quarter. Park Avenue Securities LLC now owns 23,215 shares of the company’s stock worth $1,169,000 after purchasing an additional 2,554 shares during the last quarter. San Luis Wealth Advisors LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 27.5% in the fourth quarter. San Luis Wealth Advisors LLC now owns 546,699 shares of the company’s stock valued at $27,537,000 after purchasing an additional 117,861 shares during the period. Crestmont Private Wealth LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 6.9% during the fourth quarter. Crestmont Private Wealth LLC now owns 142,702 shares of the company’s stock valued at $7,188,000 after buying an additional 9,260 shares during the last quarter. Finally, Floyd Financial Group LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $3,831,000.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.43 on Wednesday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The business has a fifty day moving average of $50.47 and a 200-day moving average of $50.51.

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.