Cannon Wealth Management Services LLC Has $482,000 Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Cannon Wealth Management Services LLC decreased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 35.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,550 shares of the company’s stock after selling 5,155 shares during the quarter. Cannon Wealth Management Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $482,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. New Wave Wealth Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $25,000. Eastern Bank boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after acquiring an additional 250 shares in the last quarter. Kennebec Savings Bank acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $27,000. Maryland Capital Advisors Inc. bought a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $31,000. Finally, Bogart Wealth LLC raised its position in JPMorgan Ultra-Short Income ETF by 7,744.4% during the 4th quarter. Bogart Wealth LLC now owns 706 shares of the company’s stock worth $36,000 after purchasing an additional 697 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

Shares of NYSEARCA:JPST opened at $50.56 on Monday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75. The business has a fifty day simple moving average of $50.48 and a 200 day simple moving average of $50.52.

JPMorgan Ultra-Short Income ETF 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.