JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Position Lessened by L & S Advisors Inc

L & S Advisors Inc lowered its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 7,411 shares of the company’s stock after selling 950 shares during the quarter. L & S Advisors Inc’s holdings in JPMorgan Ultra-Short Income ETF were worth $373,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in JPMorgan Ultra-Short Income ETF by 32.6% during the fourth quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock worth $4,911,897,000 after acquiring an additional 23,971,471 shares during the period. LPL Financial LLC grew its position in JPMorgan Ultra-Short Income ETF by 13.6% in the 4th quarter. LPL Financial LLC now owns 12,694,776 shares of the company’s stock worth $639,436,000 after purchasing an additional 1,522,758 shares during the last quarter. HB Wealth Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.2% during the 4th quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock worth $416,590,000 after purchasing an additional 838,189 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 1.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock valued at $297,252,000 after buying an additional 103,192 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $173,884,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

JPMorgan Ultra-Short Income ETF stock opened at $50.62 on Monday. The business has a 50 day moving average price of $50.53 and a two-hundred day moving average price of $50.52. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month 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.