JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Brown Miller Wealth Management LLC

Brown Miller Wealth Management LLC reduced its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 17.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,838 shares of the company’s stock after selling 3,775 shares during the period. Brown Miller Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $896,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in JPST. Stonehearth Capital Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 0.8% during the 4th quarter. Stonehearth Capital Management LLC now owns 470,497 shares of the company’s stock worth $23,586,000 after acquiring an additional 3,866 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of JPMorgan Ultra-Short Income ETF by 8.5% during the fourth quarter. The Manufacturers Life Insurance Company now owns 10,200 shares of the company’s stock valued at $511,000 after purchasing an additional 800 shares in the last quarter. Baird Financial Group Inc. grew its position in JPMorgan Ultra-Short Income ETF by 21.8% in the 4th quarter. Baird Financial Group Inc. now owns 56,881 shares of the company’s stock valued at $2,851,000 after buying an additional 10,181 shares in the last quarter. Brown Advisory Inc. acquired a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $2,806,000. Finally, Advisors Asset Management Inc. increased its stake in JPMorgan Ultra-Short Income ETF by 119.6% during the 4th quarter. Advisors Asset Management Inc. now owns 2,585 shares of the company’s stock valued at $130,000 after buying an additional 1,408 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Down 0.0 %

Shares of NYSEARCA:JPST traded down $0.01 during trading on Thursday, reaching $50.45. The company had a trading volume of 3,994,183 shares, compared to its average volume of 3,673,192. The firm’s fifty day moving average is $50.36 and its 200 day moving average is $50.25. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.93 and a twelve month high of $50.51.

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.