JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Stock Holdings Lessened by Main Street Financial Solutions LLC

Main Street Financial Solutions LLC trimmed its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 44,940 shares of the company’s stock after selling 1,901 shares during the quarter. Main Street Financial Solutions LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,268,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth approximately $25,000. LRI Investments LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the first quarter worth approximately $30,000. Triad Wealth Partners LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth approximately $32,000. Cooksen Wealth LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth approximately $36,000. Finally, EverSource Wealth Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 282.3% in the first quarter. EverSource Wealth Advisors LLC now owns 734 shares of the company’s stock worth $37,000 after buying an additional 542 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.59 on Thursday. The stock’s 50 day moving average price is $50.51 and its 200 day moving average price is $50.41. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.96 and a 52 week high of $50.68.

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.