JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Mutual Advisors LLC

Mutual Advisors LLC reduced its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.7% in the 4th quarter, HoldingsChannel reports. The firm owned 233,784 shares of the company’s stock after selling 1,578 shares during the period. Mutual Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,801,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in JPST. Eastern Bank raised its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after buying an additional 250 shares during the last quarter. Kennebec Savings Bank acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $27,000. Hershey Financial Advisers LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $30,000. Sugar Maple Asset Management LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth $50,000. Finally, Whittier Trust Co. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 29.5% in the third quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock worth $66,000 after acquiring an additional 295 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.51 on Thursday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75. The firm has a 50-day moving average price of $50.48 and a 200 day moving average price of $50.52.

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.