Spire Wealth Management Has $80.45 Million Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Spire Wealth Management cut its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,596,765 shares of the company’s stock after selling 68,001 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 2.8% of Spire Wealth Management’s investment portfolio, making the stock its 3rd largest holding. Spire Wealth Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $80,445,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in JPST. BluePath Capital Management LLC bought a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $26,000. Mine & Arao Wealth Creation & Management LLC. acquired a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $30,000. Mendota Financial Group LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $34,000. Signature Resources Capital Management LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $50,000. Finally, GPS Wealth Strategies Group LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 65.5% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 998 shares of the company’s stock worth $50,000 after acquiring an additional 395 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

NYSEARCA JPST traded up $0.03 on Friday, hitting $50.28. 3,578,758 shares of the company were exchanged, compared to its average volume of 3,902,906. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.93 and a 1-year high of $50.51. The firm has a 50 day moving average of $50.34 and a two-hundred day moving average of $50.30.

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.