JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Iron Horse Wealth Management LLC

Iron Horse Wealth Management LLC decreased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,083 shares of the company’s stock after selling 305 shares during the quarter. Iron Horse Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $156,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Scott Capital Advisors LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 2.8% in the 1st quarter. Scott Capital Advisors LLC now owns 225,146 shares of the company’s stock worth $11,327,000 after purchasing an additional 6,154 shares in the last quarter. Concourse Financial Group Securities Inc. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 16.0% in the first quarter. Concourse Financial Group Securities Inc. now owns 8,524 shares of the company’s stock valued at $430,000 after purchasing an additional 1,178 shares during the period. Oppenheimer & Co. Inc. raised its stake in JPMorgan Ultra-Short Income ETF by 33.4% during the first quarter. Oppenheimer & Co. Inc. now owns 81,809 shares of the company’s stock worth $4,127,000 after purchasing an additional 20,492 shares during the period. Brookstone Capital Management grew its stake in shares of JPMorgan Ultra-Short Income ETF by 14.7% in the 2nd quarter. Brookstone Capital Management now owns 26,243 shares of the company’s stock valued at $1,324,000 after buying an additional 3,354 shares during the period. Finally, First Horizon Advisors Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF by 18.5% in the second quarter. First Horizon Advisors Inc. now owns 3,200 shares of the company’s stock valued at $162,000 after acquiring an additional 500 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock traded down $0.02 during trading hours on Wednesday, hitting $50.56. The company had a trading volume of 679,814 shares, compared to its average volume of 3,950,440. The company’s fifty day moving average is $50.59 and its 200 day moving average is $50.46. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $49.97 and a fifty-two week high of $50.75.

JPMorgan Ultra-Short Income ETF Company 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.