JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC reduced its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,018,201 shares of the company’s stock after selling 142,747 shares during the period. Private Advisor Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $51,144,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in JPMorgan Ultra-Short Income ETF by 39.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,993,049 shares of the company’s stock valued at $902,891,000 after purchasing an additional 5,127,429 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 307.9% during the fourth quarter. International Assets Investment Management LLC now owns 983,521 shares of the company’s stock worth $49,402,000 after acquiring an additional 742,399 shares during the last quarter. HB Wealth Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 8.4% in the fourth quarter. HB Wealth Management LLC now owns 7,633,421 shares of the company’s stock valued at $381,244,000 after purchasing an additional 593,425 shares during the last quarter. Axxcess Wealth Management LLC grew its stake in JPMorgan Ultra-Short Income ETF by 90.6% during the 4th quarter. Axxcess Wealth Management LLC now owns 1,163,528 shares of the company’s stock valued at $58,444,000 after purchasing an additional 552,954 shares in the last quarter. Finally, Bryn Mawr Capital Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $27,327,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST traded up $0.01 during trading on Tuesday, reaching $50.29. The company’s stock had a trading volume of 2,717,516 shares, compared to its average volume of 3,887,925. The company has a fifty day moving average of $50.34 and a two-hundred day moving average of $50.30. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.93 and a twelve month high of $50.51.

About JPMorgan Ultra-Short Income ETF

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.