West Michigan Advisors LLC Has $3.32 Million Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

West Michigan Advisors LLC reduced its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 65,509 shares of the company’s stock after selling 5,400 shares during the period. West Michigan Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,324,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in JPMorgan Ultra-Short Income ETF by 30.0% in the first quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock valued at $2,305,103,000 after purchasing an additional 10,546,138 shares in the last quarter. Cetera Investment Advisers increased its position in shares of JPMorgan Ultra-Short Income ETF by 927.2% during the first quarter. Cetera Investment Advisers now owns 1,790,596 shares of the company’s stock worth $90,336,000 after acquiring an additional 1,616,273 shares in the last quarter. LPL Financial LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 13.5% during the second quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock worth $524,028,000 after acquiring an additional 1,235,482 shares in the last quarter. Spire Wealth Management increased its position in shares of JPMorgan Ultra-Short Income ETF by 207.5% during the second quarter. Spire Wealth Management now owns 1,515,432 shares of the company’s stock worth $76,484,000 after acquiring an additional 1,022,638 shares in the last quarter. Finally, ACT Advisors LLC. bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth $32,356,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.58 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.97 and a 12 month high of $50.75. The firm has a fifty day simple moving average of $50.59 and a 200 day simple moving average of $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.