JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) is BKA Wealth Consulting Inc.’s 5th Largest Position

BKA Wealth Consulting Inc. reduced its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 15.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 82,850 shares of the company’s stock after selling 15,013 shares during the period. JPMorgan Ultra-Short Income ETF comprises 6.1% of BKA Wealth Consulting Inc.’s investment portfolio, making the stock its 5th largest position. BKA Wealth Consulting Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,162,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of JPST. JPMorgan Chase & Co. lifted its holdings in JPMorgan Ultra-Short Income ETF by 39.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,993,049 shares of the company’s stock valued at $902,891,000 after purchasing an additional 5,127,429 shares in the last quarter. International Assets Investment Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 307.9% during the 4th quarter. International Assets Investment Management LLC now owns 983,521 shares of the company’s stock worth $49,402,000 after acquiring an additional 742,399 shares during the period. ACT Advisors LLC. grew its position in JPMorgan Ultra-Short Income ETF by 8,237.9% during the 3rd quarter. ACT Advisors LLC. now owns 620,671 shares of the company’s stock worth $31,145,000 after acquiring an additional 613,227 shares during the last quarter. HB Wealth Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 8.4% during the fourth quarter. HB Wealth Management LLC now owns 7,633,421 shares of the company’s stock valued at $381,244,000 after purchasing an additional 593,425 shares during the period. Finally, Bryn Mawr Capital Management LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth $27,327,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST traded up $0.01 during mid-day trading on Thursday, reaching $50.39. The company had a trading volume of 1,231,829 shares, compared to its average volume of 3,795,138. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.93 and a 52 week high of $50.51. The firm has a 50-day moving average price of $50.34 and a 200 day moving average price of $50.28.

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.