Epic Trust Investment Advisors LLC Has $689,000 Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Epic Trust Investment Advisors LLC lessened its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 13,720 shares of the company’s stock after selling 1,166 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 0.9% of Epic Trust Investment Advisors LLC’s investment portfolio, making the stock its 27th largest position. Epic Trust Investment Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $689,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its position in shares of JPMorgan Ultra-Short Income ETF by 39.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,993,049 shares of the company’s stock worth $902,891,000 after buying an additional 5,127,429 shares during the period. HB Wealth Management LLC increased its stake in JPMorgan Ultra-Short Income ETF by 8.4% in the fourth quarter. HB Wealth Management LLC now owns 7,633,421 shares of the company’s stock valued at $381,244,000 after purchasing an additional 593,425 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.2% during the third quarter. Royal Bank of Canada now owns 3,877,960 shares of the company’s stock valued at $194,596,000 after purchasing an additional 190,121 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 11.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,633,537 shares of the company’s stock worth $182,331,000 after purchasing an additional 363,322 shares in the last quarter. Finally, Townsquare Capital LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 2.9% in the 3rd quarter. Townsquare Capital LLC now owns 2,638,356 shares of the company’s stock valued at $132,393,000 after buying an additional 75,005 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock remained flat at $50.43 during midday trading on Tuesday. The company had a trading volume of 4,314,835 shares, compared to its average volume of 3,857,202. The business has a 50 day moving average price of $50.35 and a two-hundred day moving average price of $50.29. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.93 and a twelve month high of $50.51.

JPMorgan Ultra-Short Income ETF Company 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.