Boyce & Associates Wealth Consulting Inc. Sells 14,063 Shares of JPMorgan Ultra-Short Income ETF $JPST

Boyce & Associates Wealth Consulting Inc. reduced its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 103,716 shares of the company’s stock after selling 14,063 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 4.3% of Boyce & Associates Wealth Consulting Inc.’s investment portfolio, making the stock its 8th largest position. Boyce & Associates Wealth Consulting Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,256,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the stock. WT Wealth Management grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.4% in the third quarter. WT Wealth Management now owns 145,994 shares of the company’s stock valued at $7,406,000 after purchasing an additional 3,383 shares in the last quarter. Alpha Omega Wealth Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.8% in the 3rd quarter. Alpha Omega Wealth Management LLC now owns 801,865 shares of the company’s stock valued at $40,679,000 after buying an additional 36,594 shares during the period. Eagle Strategies LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 2,347.9% during the third quarter. Eagle Strategies LLC now owns 128,248 shares of the company’s stock worth $6,506,000 after buying an additional 123,009 shares during the period. Saxony Capital Management LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 8.5% in the third quarter. Saxony Capital Management LLC now owns 48,058 shares of the company’s stock valued at $2,438,000 after acquiring an additional 3,768 shares in the last quarter. Finally, Proffitt & Goodson Inc. lifted its stake in JPMorgan Ultra-Short Income ETF by 93.5% in the third quarter. Proffitt & Goodson Inc. now owns 5,828 shares of the company’s stock worth $296,000 after acquiring an additional 2,816 shares during the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.1%

NYSEARCA JPST opened at $50.62 on Friday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.78. The firm has a 50 day moving average of $50.67 and a two-hundred day moving average of $50.64. The stock has a market capitalization of $35.42 billion, a PE ratio of 110.04 and a beta of 0.01.

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.