Mosley Wealth Management Lowers Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Mosley Wealth Management lessened its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 62.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,970 shares of the company’s stock after selling 51,966 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 1.3% of Mosley Wealth Management’s portfolio, making the stock its 17th largest position. Mosley Wealth Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,563,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JPST. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 30.0% during the 1st quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock worth $2,305,103,000 after purchasing an additional 10,546,138 shares during the last quarter. HB Wealth Management LLC lifted its position in JPMorgan Ultra-Short Income ETF by 5.8% during the first quarter. HB Wealth Management LLC now owns 8,076,454 shares of the company’s stock valued at $405,234,000 after acquiring an additional 443,033 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 37.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock valued at $243,837,000 after acquiring an additional 1,317,710 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in JPMorgan Ultra-Short Income ETF by 6.9% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 2,201,925 shares of the company’s stock worth $111,131,000 after purchasing an additional 142,741 shares during the last quarter. Finally, Goldman Sachs Group Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth $93,574,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST traded up $0.05 during midday trading on Friday, hitting $50.54. 4,228,264 shares of the company’s stock traded hands, compared to its average volume of 3,876,824. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.96 and a 1 year high of $50.68. The firm’s fifty day moving average is $50.49 and its 200-day moving average is $50.41.

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.