Paradigm Strategies in Wealth Management LLC Reduces Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

by · The Markets Daily

Paradigm Strategies in Wealth Management LLC decreased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 32.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 376,348 shares of the company’s stock after selling 178,057 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 12.0% of Paradigm Strategies in Wealth Management LLC’s portfolio, making the stock its 4th largest holding. Paradigm Strategies in Wealth Management LLC owned 0.08% of JPMorgan Ultra-Short Income ETF worth $19,096,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of JPST. Thurston Springer Miller Herd & Titak Inc. acquired a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $25,000. LRI Investments LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter valued at $30,000. Hershey Financial Advisers LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $30,000. Triad Wealth Partners LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $32,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 282.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 734 shares of the company’s stock valued at $37,000 after buying an additional 542 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.58 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.97 and a 52-week high of $50.75. The firm has a fifty day moving average of $50.59 and a 200-day moving average of $50.47.

JPMorgan Ultra-Short Income ETF Company Profile

(Free Report)

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.

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