JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Redmont Wealth Advisors LLC

Redmont Wealth Advisors LLC lowered its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 67.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,239 shares of the company’s stock after selling 10,721 shares during the period. Redmont Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $264,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bridgewater Advisors Inc. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 11.2% during the 4th quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock worth $96,956,000 after buying an additional 193,580 shares during the last quarter. Whittier Trust Co. increased its holdings in JPMorgan Ultra-Short Income ETF by 29.5% during the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after acquiring an additional 295 shares in the last quarter. Jaffetilchin Investment Partners LLC raised its position in JPMorgan Ultra-Short Income ETF by 9.5% during the third quarter. Jaffetilchin Investment Partners LLC now owns 100,508 shares of the company’s stock worth $5,100,000 after acquiring an additional 8,704 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 100.9% in the third quarter. Nations Financial Group Inc. IA ADV now owns 10,809 shares of the company’s stock valued at $548,000 after purchasing an additional 5,428 shares in the last quarter. Finally, Zega Financial LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 30.4% in the third quarter. Zega Financial LLC now owns 30,205 shares of the company’s stock valued at $1,533,000 after purchasing an additional 7,047 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.51 on Thursday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The business has a 50 day moving average price of $50.48 and a 200 day moving average price 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.