Oxinas Partners Wealth Management LLC Sells 400 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Oxinas Partners Wealth Management LLC decreased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,094 shares of the company’s stock after selling 400 shares during the period. Oxinas Partners Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $612,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its position in shares of JPMorgan Ultra-Short Income ETF by 32.6% during the 4th quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock valued at $4,911,897,000 after purchasing an additional 23,971,471 shares during the last quarter. Bank of America Corp DE increased its position in JPMorgan Ultra-Short Income ETF by 5.5% during the fourth quarter. Bank of America Corp DE now owns 14,427,628 shares of the company’s stock valued at $726,720,000 after acquiring an additional 746,626 shares during the last quarter. LPL Financial LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 13.6% in the fourth quarter. LPL Financial LLC now owns 12,694,776 shares of the company’s stock valued at $639,436,000 after acquiring an additional 1,522,758 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 3.3% in the 4th quarter. Wells Fargo & Company MN now owns 7,130,097 shares of the company’s stock worth $359,143,000 after acquiring an additional 224,833 shares during the last quarter. Finally, Cerity Partners LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 27.7% during the 4th quarter. Cerity Partners LLC now owns 4,557,975 shares of the company’s stock worth $230,326,000 after purchasing an additional 987,602 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.45 on Friday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.25 and a 1-year high of $50.75. The company’s 50-day moving average is $50.49 and its 200 day moving average is $50.50.

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.