JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Verum Partners LLC

Verum Partners LLC trimmed its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 40.4% in the fourth quarter, Holdings Channel reports. The firm owned 305,939 shares of the company’s stock after selling 207,121 shares during the period. JPMorgan Ultra-Short Income ETF comprises 4.4% of Verum Partners LLC’s investment portfolio, making the stock its 4th largest holding. Verum Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $15,410,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JPST. Bridgewater Advisors Inc. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 11.2% during the fourth quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock worth $96,956,000 after purchasing an additional 193,580 shares during the last quarter. Whittier Trust Co. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 29.5% in the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after purchasing an additional 295 shares in the last quarter. Jaffetilchin Investment Partners LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 9.5% during the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 100,508 shares of the company’s stock valued at $5,100,000 after buying an additional 8,704 shares during the period. Nations Financial Group Inc. IA ADV increased its holdings in JPMorgan Ultra-Short Income ETF by 100.9% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 10,809 shares of the company’s stock worth $548,000 after purchasing an additional 5,428 shares during the last quarter. Finally, Zega Financial LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 30.4% during the 3rd quarter. Zega Financial LLC now owns 30,205 shares of the company’s stock worth $1,533,000 after purchasing an additional 7,047 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.50 on Wednesday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75. The business has a 50 day simple moving average of $50.48 and a 200 day simple moving average of $50.52.

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.