Petix & Botte Co Sells 5,724 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Petix & Botte Co reduced its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 16.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 28,247 shares of the company’s stock after selling 5,724 shares during the quarter. Petix & Botte Co’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,423,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bridgewater Advisors Inc. grew its holdings in JPMorgan Ultra-Short Income ETF by 11.2% during the 4th quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock worth $96,956,000 after acquiring an additional 193,580 shares during the last quarter. Whittier Trust Co. grew its stake 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 purchasing an additional 295 shares during the last quarter. Jaffetilchin Investment Partners LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 9.5% in the third quarter. Jaffetilchin Investment Partners LLC now owns 100,508 shares of the company’s stock valued at $5,100,000 after purchasing an additional 8,704 shares during the period. Nations Financial Group Inc. IA ADV raised its position in JPMorgan Ultra-Short Income ETF by 100.9% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 10,809 shares of the company’s stock worth $548,000 after purchasing an additional 5,428 shares during the last quarter. Finally, Zega Financial LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 30.4% during the 3rd quarter. Zega Financial LLC now owns 30,205 shares of the company’s stock worth $1,533,000 after buying an additional 7,047 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.53 on Monday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75. The stock has a 50-day moving average of $50.48 and a 200-day moving average of $50.52.

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.