Cobblestone Asset Management LLC Has $9.84 Million Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Cobblestone Asset Management LLC lowered its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 193,913 shares of the company’s stock after selling 26,344 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 5.9% of Cobblestone Asset Management LLC’s portfolio, making the stock its 4th biggest position. Cobblestone Asset Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,839,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Scott Capital Advisors LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.8% in the 1st quarter. Scott Capital Advisors LLC now owns 225,146 shares of the company’s stock valued at $11,327,000 after buying an additional 6,154 shares in the last quarter. Concourse Financial Group Securities Inc. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 16.0% during the first quarter. Concourse Financial Group Securities Inc. now owns 8,524 shares of the company’s stock valued at $430,000 after acquiring an additional 1,178 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in shares of JPMorgan Ultra-Short Income ETF by 33.4% in the 1st quarter. Oppenheimer & Co. Inc. now owns 81,809 shares of the company’s stock valued at $4,127,000 after purchasing an additional 20,492 shares during the last quarter. Brookstone Capital Management boosted its stake in JPMorgan Ultra-Short Income ETF by 14.7% in the 2nd quarter. Brookstone Capital Management now owns 26,243 shares of the company’s stock worth $1,324,000 after purchasing an additional 3,354 shares in the last quarter. Finally, First Horizon Advisors Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 18.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 3,200 shares of the company’s stock worth $162,000 after purchasing an additional 500 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.58 on Friday. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.97 and a 12-month high of $50.75. The firm’s 50 day simple moving average is $50.59 and its two-hundred day simple moving average is $50.45.

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.