Nelson Capital Management LLC Sells 2,949 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Nelson Capital Management LLC cut its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.7% in the fourth quarter, Holdings Channel reports. The fund owned 22,319 shares of the company’s stock after selling 2,949 shares during the quarter. Nelson Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,124,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Ascension Capital Advisors Inc. increased its holdings in JPMorgan Ultra-Short Income ETF by 126.0% during the fourth quarter. Ascension Capital Advisors Inc. now owns 395,769 shares of the company’s stock valued at $19,935,000 after buying an additional 220,658 shares during the period. Daner Wealth Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $1,549,000. Strategent Financial LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth $16,427,000. J. W. Coons Advisors LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 7.9% in the 4th quarter. J. W. Coons Advisors LLC now owns 142,955 shares of the company’s stock worth $7,201,000 after acquiring an additional 10,442 shares in the last quarter. Finally, Cherry Tree Wealth Management LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 11.5% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 20,492 shares of the company’s stock worth $1,032,000 after purchasing an additional 2,109 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.58 on Wednesday. The business’s 50-day moving average is $50.48 and its two-hundred day moving average is $50.52. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year 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.