Sowell Financial Services LLC Sells 10,640 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Sowell Financial Services LLC lowered its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 120,529 shares of the company’s stock after selling 10,640 shares during the quarter. Sowell Financial Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,071,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of JPST. JPMorgan Chase & Co. lifted its position in 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 worth $3,731,666,000 after acquiring an additional 15,245,816 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $173,884,000. Temasek Holdings Private Ltd acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $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 valued at $46,284,000 after acquiring an additional 885,093 shares during the last quarter. Finally, HB Wealth Management LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 11.2% in the 4th quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock valued at $416,590,000 after purchasing an additional 838,189 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

Shares of NYSEARCA JPST opened at $50.51 on Friday. The company has a 50 day simple moving average of $50.49 and a 200 day simple moving average of $50.52. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 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.