Highline Wealth Partners LLC Reduces Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Highline Wealth Partners LLC lessened its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 33.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 310,957 shares of the company’s stock after selling 156,872 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 5.1% of Highline Wealth Partners LLC’s investment portfolio, making the stock its 5th biggest holding. Highline Wealth Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $15,663,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in JPMorgan Ultra-Short Income ETF by 26.2% in 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. Wealth Enhancement Advisory Services LLC boosted its position in shares of 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 worth $292,016,000 after purchasing an additional 1,053,392 shares in the last quarter. Temasek Holdings Private Ltd purchased a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $50,075,000. LPL Financial LLC increased its position in JPMorgan Ultra-Short Income ETF by 7.6% during the 3rd quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock valued at $566,868,000 after buying an additional 789,054 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in JPMorgan Ultra-Short Income ETF by 31.0% in the second quarter. Cetera Investment Advisers now owns 2,345,160 shares of the company’s stock valued at $118,360,000 after buying an additional 554,564 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock remained flat at $50.42 during trading hours on Friday. The stock had a trading volume of 3,926,145 shares, compared to its average volume of 6,140,318. The firm has a 50-day moving average price of $50.47 and a two-hundred day moving average price of $50.51. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75.

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.