Mission Wealth Management LP Lowers Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Mission Wealth Management LP decreased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 17.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,854 shares of the company’s stock after selling 5,346 shares during the quarter. Mission Wealth Management LP’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,302,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in JPST. Moloney Securities Asset Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 1.6% in the fourth quarter. Moloney Securities Asset Management LLC now owns 14,662 shares of the company’s stock valued at $739,000 after buying an additional 224 shares in the last quarter. Linscomb Wealth Inc. grew its position in JPMorgan Ultra-Short Income ETF by 3.1% in the 4th quarter. Linscomb Wealth Inc. now owns 8,026 shares of the company’s stock valued at $404,000 after acquiring an additional 241 shares in the last quarter. Eastern Bank grew its position 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 in the last quarter. SteelPeak Wealth LLC increased its stake in JPMorgan Ultra-Short Income ETF by 4.2% during the fourth quarter. SteelPeak Wealth LLC now owns 6,394 shares of the company’s stock worth $323,000 after purchasing an additional 260 shares during the period. Finally, Edgestream Partners L.P. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 0.6% during the third quarter. Edgestream Partners L.P. now owns 47,521 shares of the company’s stock worth $2,411,000 after purchasing an additional 262 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.48 on Tuesday. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75. The firm has a 50 day simple moving average of $50.49 and a 200-day simple moving average of $50.53.

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.