Stephens Consulting LLC Lowers Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Stephens Consulting LLC cut its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 49.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,312 shares of the company’s stock after selling 2,234 shares during the period. Stephens Consulting LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $116,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in 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 buying an additional 15,245,816 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 22.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock worth $292,016,000 after acquiring an additional 1,053,392 shares during the last quarter. Temasek Holdings Private Ltd purchased a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at $50,075,000. West Oak Capital LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 2,619.5% in 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 lifted its stake in 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 purchasing an additional 838,189 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.42 on Tuesday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.75. The firm has a 50-day simple moving average of $50.49 and a two-hundred day simple moving average of $50.53.

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.