Miracle Mile Advisors LLC Sells 12,147 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Miracle Mile Advisors LLC cut its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.0% in the 4th quarter, Holdings Channel reports. The firm owned 139,849 shares of the company’s stock after selling 12,147 shares during the period. Miracle Mile Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,044,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. JPMorgan Chase & Co. raised its holdings 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 worth $3,731,666,000 after buying an additional 15,245,816 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in JPMorgan Ultra-Short Income ETF by 0.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock valued at $690,096,000 after acquiring an additional 91,729 shares during the last quarter. LPL Financial LLC raised its stake in JPMorgan Ultra-Short Income ETF by 7.6% during the third quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock worth $566,868,000 after acquiring an additional 789,054 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock worth $297,252,000 after acquiring an additional 103,192 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock worth $182,463,000 after acquiring an additional 14,611 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

Shares of JPMorgan Ultra-Short Income ETF stock traded up $0.01 during midday trading on Monday, hitting $50.43. 4,414,024 shares of the company traded hands, compared to its average volume of 6,263,952. The firm’s fifty day moving average price is $50.47 and its 200-day moving average price is $50.51. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month 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.