Cobblestone Asset Management LLC Decreases Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Cobblestone Asset Management LLC reduced its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 62.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 72,200 shares of the company’s stock after selling 121,713 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 2.4% of Cobblestone Asset Management LLC’s portfolio, making the stock its 15th largest position. Cobblestone Asset Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,637,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 26.2% during the third quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after acquiring an additional 15,245,816 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 0.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock valued at $690,096,000 after purchasing an additional 91,729 shares in the last quarter. LPL Financial LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 7.6% in the 3rd quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock valued at $566,868,000 after purchasing an additional 789,054 shares during the period. HB Wealth Management LLC grew its stake in JPMorgan Ultra-Short Income ETF by 11.2% in the fourth 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 during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock valued at $297,252,000 after purchasing an additional 103,192 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.53 on Monday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75. The stock has a fifty day simple moving average of $50.48 and a two-hundred day simple moving average of $50.52.

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.