B & T Capital Management DBA Alpha Capital Management Lowers Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

B & T Capital Management DBA Alpha Capital Management reduced its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 27.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,225 shares of the company’s stock after selling 15,910 shares during the period. B & T Capital Management DBA Alpha Capital Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,142,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Transform Wealth LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.9% during the 2nd quarter. Transform Wealth LLC now owns 10,917 shares of the company’s stock worth $551,000 after buying an additional 200 shares during the last quarter. Unique Wealth LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 2.1% in the first quarter. Unique Wealth LLC now owns 10,258 shares of the company’s stock worth $517,000 after acquiring an additional 208 shares in the last quarter. InTrack Investment Management Inc boosted its holdings in JPMorgan Ultra-Short Income ETF by 2.4% in the second quarter. InTrack Investment Management Inc now owns 8,992 shares of the company’s stock valued at $454,000 after purchasing an additional 209 shares during the period. Etesian Wealth Advisors Inc. increased its holdings in JPMorgan Ultra-Short Income ETF by 3.4% during the 2nd quarter. Etesian Wealth Advisors Inc. now owns 6,387 shares of the company’s stock worth $322,000 after purchasing an additional 213 shares during the period. Finally, Kathleen S. Wright Associates Inc. raised its position in JPMorgan Ultra-Short Income ETF by 2.5% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 9,307 shares of the company’s stock valued at $470,000 after purchasing an additional 226 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock remained flat at $50.50 on Thursday. The stock had a trading volume of 1,542,627 shares, compared to its average volume of 3,935,250. The stock’s fifty day moving average is $50.57 and its 200 day moving average is $50.45. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.97 and a 1-year 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.