Cornerstone Wealth Management LLC Decreases Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Cornerstone Wealth Management LLC decreased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.3% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 37,568 shares of the company’s stock after selling 480 shares during the period. Cornerstone Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,895,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Family Asset Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 8.5% during the fourth quarter. Family Asset Management LLC now owns 75,349 shares of the company’s stock valued at $3,785,000 after purchasing an additional 5,913 shares during the period. Roof Eidam Maycock Peralta LLC boosted its position in JPMorgan Ultra-Short Income ETF by 85.0% during the 4th quarter. Roof Eidam Maycock Peralta LLC now owns 252,973 shares of the company’s stock valued at $12,707,000 after buying an additional 116,230 shares during the period. Tradewinds Capital Management LLC grew its holdings 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 acquiring an additional 801 shares during the last quarter. ADAR1 Capital Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $2,461,000. Finally, Krilogy Financial LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 6.5% during the fourth quarter. Krilogy Financial LLC now owns 198,817 shares of the company’s stock valued at $9,987,000 after acquiring an additional 12,213 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

JPMorgan Ultra-Short Income ETF stock opened at $50.30 on Friday. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.93 and a 1-year high of $50.51. The firm has a 50-day moving average of $50.37 and a 200-day moving average of $50.35.

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.