Archford Capital Strategies LLC Has $6.97 Million Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Archford Capital Strategies LLC trimmed its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 138,324 shares of the company’s stock after selling 820 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 1.1% of Archford Capital Strategies LLC’s investment portfolio, making the stock its 22nd largest holding. Archford Capital Strategies LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,967,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in JPST. The Manufacturers Life Insurance Company lifted its stake in JPMorgan Ultra-Short Income ETF by 6.8% in the second quarter. The Manufacturers Life Insurance Company now owns 31,200 shares of the company’s stock valued at $1,575,000 after acquiring an additional 2,000 shares during the last quarter. Buck Wealth Strategies LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $4,734,000. Silver Lake Advisory LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the second quarter worth $4,374,000. Northwestern Mutual Wealth Management Co. increased its position in JPMorgan Ultra-Short Income ETF by 2.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,069,399 shares of the company’s stock worth $104,442,000 after buying an additional 56,032 shares during the last quarter. Finally, Newport Capital Group LLC bought a new position in JPMorgan Ultra-Short Income ETF during the second quarter valued at about $3,648,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

JPST opened at $50.53 on Friday. The stock has a 50-day moving average of $50.48 and a 200-day moving average of $50.52. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week 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.