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

Mosley Wealth Management reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 62.7% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 30,970 shares of the company’s stock after selling 51,966 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 1.3% of Mosley Wealth Management’s investment portfolio, making the stock its 17th biggest holding. Mosley Wealth Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,563,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in JPMorgan Ultra-Short Income ETF by 30.0% in the 1st quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock worth $2,305,103,000 after acquiring an additional 10,546,138 shares during the last quarter. HB Wealth Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.8% in the first quarter. HB Wealth Management LLC now owns 8,076,454 shares of the company’s stock valued at $405,234,000 after purchasing an additional 443,033 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 37.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock worth $243,837,000 after purchasing an additional 1,317,710 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 6.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 2,201,925 shares of the company’s stock worth $111,131,000 after purchasing an additional 142,741 shares during the period. Finally, Goldman Sachs Group Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $93,574,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST traded up $0.05 during trading on Friday, reaching $50.54. 4,228,264 shares of the company’s stock were exchanged, compared to its average volume of 3,876,824. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.96 and a 1 year high of $50.68. The company’s fifty day simple moving average is $50.49 and its 200-day simple moving average is $50.41.

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.