JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Stake Decreased by San Luis Wealth Advisors LLC

San Luis Wealth Advisors LLC lessened its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.4% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 495,496 shares of the company’s stock after selling 51,203 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 5.4% of San Luis Wealth Advisors LLC’s portfolio, making the stock its 4th largest holding. San Luis Wealth Advisors LLC owned approximately 0.08% of JPMorgan Ultra-Short Income ETF worth $25,087,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its position in JPMorgan Ultra-Short Income ETF by 32.6% in the fourth quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock worth $4,911,897,000 after acquiring an additional 23,971,471 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $173,884,000. Brooklyn FI LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 6,968.8% during the fourth quarter. Brooklyn FI LLC now owns 2,979,271 shares of the company’s stock valued at $150,461,000 after buying an additional 2,937,124 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 118.2% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 3,781,153 shares of the company’s stock worth $190,457,000 after buying an additional 2,048,587 shares during the period. Finally, State of Tennessee Department of Treasury bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $91,006,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.53 on Tuesday. The company’s 50 day moving average price is $50.50 and its 200-day moving average price is $50.50. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.25 and a 52-week high of $50.75.

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.