GFG Capital LLC Lowers Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

GFG Capital LLC trimmed its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 61,653 shares of the company’s stock after selling 8,052 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 0.8% of GFG Capital LLC’s investment portfolio, making the stock its 28th biggest position. GFG Capital LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,105,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Guardian Wealth Advisors LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 25.1% in the 4th quarter. Guardian Wealth Advisors LLC now owns 41,232 shares of the company’s stock valued at $2,077,000 after buying an additional 8,276 shares during the period. Essex LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 5.5% in the 4th quarter. Essex LLC now owns 230,834 shares of the company’s stock valued at $11,627,000 after buying an additional 12,054 shares during the period. Bridgewater Advisors Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 11.2% in the 4th quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock valued at $96,956,000 after buying an additional 193,580 shares during the period. Whittier Trust Co. boosted 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 buying an additional 295 shares during the period. Finally, Merit Financial Group LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $412,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.1 %

Shares of JPST opened at $50.47 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The stock has a 50-day simple moving average of $50.48 and a 200-day simple moving average of $50.52.

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.