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

BKM Wealth Management LLC decreased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 56.2% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,619 shares of the company’s stock after selling 9,790 shares during the quarter. BKM Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $384,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Family Asset Management LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 8.5% in the 4th quarter. Family Asset Management LLC now owns 75,349 shares of the company’s stock worth $3,785,000 after purchasing an additional 5,913 shares in the last quarter. Roof Eidam Maycock Peralta LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 85.0% in the 4th quarter. Roof Eidam Maycock Peralta LLC now owns 252,973 shares of the company’s stock worth $12,707,000 after purchasing an additional 116,230 shares in the last quarter. Tradewinds Capital Management LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 0.7% in the 4th quarter. Tradewinds Capital Management LLC now owns 107,825 shares of the company’s stock worth $5,416,000 after purchasing an additional 801 shares in the last quarter. ADAR1 Capital Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter worth $2,461,000. Finally, Krilogy Financial LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 6.5% in the 4th quarter. Krilogy Financial LLC now owns 198,817 shares of the company’s stock worth $9,987,000 after purchasing an additional 12,213 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Trading Down 0.4 %

Shares of JPST stock opened at $50.26 on Tuesday. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.93 and a 52 week high of $50.51. The company’s fifty day simple moving average is $50.38 and its two-hundred day simple moving average is $50.35.

JPMorgan Ultra-Short Income ETF 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.