Opes Wealth Management LLC Lowers Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Opes Wealth Management LLC lowered its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 23.4% during the fourth quarter, HoldingsChannel reports. The firm owned 9,130 shares of the company’s stock after selling 2,790 shares during the quarter. Opes Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $459,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Ameritas Investment Partners Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF in the second quarter valued at about $25,000. BluePath Capital Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $26,000. Coppell Advisory Solutions Corp. acquired a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth $32,000. Mendota Financial Group LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth $34,000. Finally, Sunbelt Securities Inc. purchased a new position in JPMorgan Ultra-Short Income ETF in the first quarter worth $38,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock remained flat at $50.35 during midday trading on Thursday. The company’s stock had a trading volume of 3,884,182 shares, compared to its average volume of 3,821,092. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.93 and a 12 month high of $50.51. The company’s fifty day simple moving average is $50.34 and its 200 day simple moving average is $50.27.

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.