Financial Advocates Investment Management cut its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 4.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 48,845 shares of the company’s stock after selling 2,419 shares during the quarter. Financial Advocates Investment Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,478,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in JPMorgan Ultra-Short Income ETF in the second quarter worth about $25,000. LRI Investments LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the first quarter worth about $30,000. Hershey Financial Advisers LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the second quarter worth about $30,000. Triad Wealth Partners LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the second quarter worth about $32,000. Finally, EverSource Wealth Advisors LLC raised its position in JPMorgan Ultra-Short Income ETF by 282.3% in the first quarter. EverSource Wealth Advisors LLC now owns 734 shares of the company’s stock worth $37,000 after acquiring an additional 542 shares during the period.
JPMorgan Ultra-Short Income ETF Stock Up 0.0 %
Shares of JPST stock opened at $50.59 on Friday. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.97 and a 52 week high of $50.75. The firm’s 50-day simple moving average is $50.59 and its two-hundred day simple moving average is $50.47.
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.
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