Smartleaf Asset Management LLC Has $906,000 Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Smartleaf Asset Management LLC lessened its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 36.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 17,920 shares of the company’s stock after selling 10,151 shares during the quarter. Smartleaf Asset Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $906,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. New Wave Wealth Advisors LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $25,000. Eastern Bank raised its stake in JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after acquiring an additional 250 shares during the period. Kennebec Savings Bank bought a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $27,000. Maryland Capital Advisors Inc. bought a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $31,000. Finally, Bogart Wealth LLC raised its stake in JPMorgan Ultra-Short Income ETF by 7,744.4% in the 4th quarter. Bogart Wealth LLC now owns 706 shares of the company’s stock valued at $36,000 after acquiring an additional 697 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.48 on Tuesday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75. The stock’s fifty day simple moving average is $50.49 and its 200 day simple moving average is $50.53.

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.