PDS Planning Inc Has $1.42 Million Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

PDS Planning Inc lowered its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.5% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,105 shares of the company’s stock after selling 4,015 shares during the quarter. PDS Planning Inc’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,423,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of JPST. NewSquare Capital LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 158.2% in the first quarter. NewSquare Capital LLC now owns 24,220 shares of the company’s stock valued at $1,226,000 after buying an additional 14,838 shares in the last quarter. HUB Investment Partners LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 41.5% in the 4th quarter. HUB Investment Partners LLC now owns 40,210 shares of the company’s stock valued at $2,025,000 after acquiring an additional 11,794 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 10.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 5,588,353 shares of the company’s stock valued at $282,938,000 after acquiring an additional 506,315 shares in the last quarter. Focus Partners Wealth lifted its position in shares of JPMorgan Ultra-Short Income ETF by 288.2% during the 4th quarter. Focus Partners Wealth now owns 539,112 shares of the company’s stock valued at $27,391,000 after acquiring an additional 400,239 shares during the period. Finally, Franklin Resources Inc. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 6.4% during the 4th quarter. Franklin Resources Inc. now owns 485,808 shares of the company’s stock worth $24,470,000 after purchasing an additional 29,299 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.61 on Thursday. The stock’s fifty day moving average is $50.52 and its 200 day moving average is $50.50. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.25 and a 52 week high of $50.75.

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.