Janiczek Wealth Management LLC Cuts Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Janiczek Wealth Management LLC lowered its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 176,006 shares of the company’s stock after selling 5,070 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 2.4% of Janiczek Wealth Management LLC’s portfolio, making the stock its 11th largest position. Janiczek Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,825,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Gradient Investments LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 265.0% in the first quarter. Gradient Investments LLC now owns 511 shares of the company’s stock valued at $26,000 after buying an additional 371 shares in the last quarter. Coppell Advisory Solutions Corp. acquired a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $32,000. Sunbelt Securities Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF during the 1st quarter valued at approximately $38,000. Householder Group Estate & Retirement Specialist LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 1st quarter valued at approximately $39,000. Finally, Tanglewood Legacy Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $39,000.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST remained flat at $50.11 during mid-day trading on Friday. The company’s stock had a trading volume of 1,957,781 shares, compared to its average volume of 4,720,262. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.93 and a 12-month high of $50.40. The firm’s fifty day simple moving average is $50.10 and its two-hundred day simple moving average is $50.16.

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.