JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) is Compass Financial Group Inc.’s 10th Largest Position

Compass Financial Group Inc. decreased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 27.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,266 shares of the company’s stock after selling 52,927 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 3.9% of Compass Financial Group Inc.’s holdings, making the stock its 10th biggest position. Compass Financial Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,945,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. BluePath Capital Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the third quarter worth $26,000. Mendota Financial Group LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $34,000. GPS Wealth Strategies Group LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 65.5% in the third quarter. GPS Wealth Strategies Group LLC now owns 998 shares of the company’s stock valued at $50,000 after purchasing an additional 395 shares in the last quarter. Winch Advisory Services LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $52,000. Finally, Macroview Investment Management LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 146.0% during the 4th quarter. Macroview Investment Management LLC now owns 1,685 shares of the company’s stock worth $85,000 after purchasing an additional 1,000 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock remained flat at $50.38 on Wednesday. The company had a trading volume of 4,015,797 shares, compared to its average volume of 3,826,923. The firm’s 50-day moving average price is $50.34 and its two-hundred day moving average price is $50.28. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.93 and a 12-month high of $50.51.

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.