JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Beacon Investment Advisory Services Inc.

Beacon Investment Advisory Services Inc. cut its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 487,019 shares of the company’s stock after selling 6,888 shares during the quarter. Beacon Investment Advisory Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $24,531,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 26.2% during the third quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after purchasing an additional 15,245,816 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 22.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock worth $292,016,000 after buying an additional 1,053,392 shares in the last quarter. Temasek Holdings Private Ltd bought a new stake in JPMorgan Ultra-Short Income ETF during the third quarter worth approximately $50,075,000. West Oak Capital LLC grew its position in JPMorgan Ultra-Short Income ETF by 2,619.5% in the fourth quarter. West Oak Capital LLC now owns 918,881 shares of the company’s stock worth $46,284,000 after buying an additional 885,093 shares during the last quarter. Finally, HB Wealth Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.2% in the fourth quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock valued at $416,590,000 after buying an additional 838,189 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

Shares of NYSEARCA:JPST opened at $50.51 on Thursday. The stock has a fifty day moving average of $50.48 and a 200-day moving average of $50.52. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75.

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.