Diversify Wealth Management LLC Sells 19,836 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Diversify Wealth Management LLC decreased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 179,960 shares of the company’s stock after selling 19,836 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 0.7% of Diversify Wealth Management LLC’s investment portfolio, making the stock its 27th largest position. Diversify Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,074,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in shares of JPMorgan Ultra-Short Income ETF by 26.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after purchasing an additional 15,245,816 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 22.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock valued at $292,016,000 after acquiring an additional 1,053,392 shares during the last quarter. Temasek Holdings Private Ltd purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $50,075,000. West Oak Capital LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 2,619.5% during the 4th quarter. West Oak Capital LLC now owns 918,881 shares of the company’s stock valued at $46,284,000 after acquiring an additional 885,093 shares during the last quarter. Finally, HB Wealth Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.2% in the 4th quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock worth $416,590,000 after buying an additional 838,189 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.49 on Monday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The firm has a 50-day simple moving average of $50.48 and a two-hundred day simple moving average of $50.51.

About JPMorgan Ultra-Short Income ETF

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.