WealthCare Investment Partners LLC Sells 13,733 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

WealthCare Investment Partners LLC lessened its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 60.6% in the fourth quarter, HoldingsChannel reports. The firm owned 8,919 shares of the company’s stock after selling 13,733 shares during the period. WealthCare Investment Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $449,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Sunpointe LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $670,000. Emerald Advisors LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $488,000. Private Advisor Group LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 17.6% in the fourth quarter. Private Advisor Group LLC now owns 950,815 shares of the company’s stock valued at $47,893,000 after purchasing an additional 142,101 shares during the last quarter. Summit Place Financial Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 11.8% in the fourth quarter. Summit Place Financial Advisors LLC now owns 9,462 shares of the company’s stock valued at $477,000 after purchasing an additional 1,002 shares during the last quarter. Finally, Clear Point Advisors Inc. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 867.9% in the fourth quarter. Clear Point Advisors Inc. now owns 53,777 shares of the company’s stock worth $2,709,000 after acquiring an additional 48,221 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.52 on Thursday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The business has a 50-day moving average of $50.48 and a two-hundred day moving average of $50.52.

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.