Fiduciary Trust Co Sells 15,921 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Fiduciary Trust Co trimmed its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 19.4% in the third quarter, HoldingsChannel reports. The firm owned 66,140 shares of the company’s stock after selling 15,921 shares during the quarter. Fiduciary Trust Co’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,356,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. RPg Family Wealth Advisory LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 3.6% during the 3rd quarter. RPg Family Wealth Advisory LLC now owns 277,219 shares of the company’s stock valued at $14,066,000 after acquiring an additional 9,509 shares during the period. Townsquare Capital LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 1.0% during the 3rd quarter. Townsquare Capital LLC now owns 2,399,169 shares of the company’s stock valued at $121,734,000 after acquiring an additional 24,874 shares during the period. BNP Paribas Financial Markets grew its position in shares of JPMorgan Ultra-Short Income ETF by 41.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 784,410 shares of the company’s stock valued at $39,801,000 after acquiring an additional 228,981 shares during the period. D.A. Davidson & CO. grew its position in shares of JPMorgan Ultra-Short Income ETF by 108.4% during the 3rd quarter. D.A. Davidson & CO. now owns 189,085 shares of the company’s stock valued at $9,594,000 after acquiring an additional 98,352 shares during the period. Finally, Bank of Montreal Can lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 82.3% during the 3rd quarter. Bank of Montreal Can now owns 205,551 shares of the company’s stock valued at $10,430,000 after buying an additional 92,775 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.56 on Friday. The firm’s 50 day moving average is $50.54 and its 200 day moving average is $50.49. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.13 and a 12 month high of $50.75.

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.