Lodestar Private Asset Management LLC Decreases Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Lodestar Private Asset Management LLC decreased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,273 shares of the company’s stock after selling 1,255 shares during the period. Lodestar Private Asset Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $568,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 26.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after buying an additional 15,245,816 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in JPMorgan Ultra-Short Income ETF by 22.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock valued at $292,016,000 after acquiring an additional 1,053,392 shares during the period. Temasek Holdings Private Ltd purchased a new stake in JPMorgan Ultra-Short Income ETF during the third quarter valued at about $50,075,000. West Oak Capital LLC boosted its position in JPMorgan Ultra-Short Income ETF by 2,619.5% during the fourth quarter. West Oak Capital LLC now owns 918,881 shares of the company’s stock worth $46,284,000 after purchasing an additional 885,093 shares during the period. Finally, HB Wealth Management LLC boosted its position in JPMorgan Ultra-Short Income ETF by 11.2% during 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.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.44 on Friday. The company’s 50 day moving average is $50.48 and its 200-day moving average is $50.52. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75.

About JPMorgan Ultra-Short Income ETF

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.