Synovus Financial Corp Sells 309,667 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Synovus Financial Corp trimmed its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 49.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 313,343 shares of the company’s stock after selling 309,667 shares during the quarter. Synovus Financial Corp owned approximately 0.07% of JPMorgan Ultra-Short Income ETF worth $15,786,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in JPMorgan Ultra-Short Income ETF by 32.6% during the 4th quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock valued at $4,911,897,000 after acquiring an additional 23,971,471 shares during the period. LPL Financial LLC lifted its holdings in shares of 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 acquiring an additional 1,522,758 shares during the last quarter. HB Wealth Management LLC boosted its stake in shares of 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 in the last quarter. Wells Fargo & Company MN grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 3.3% during the 4th quarter. Wells Fargo & Company MN now owns 7,130,097 shares of the company’s stock valued at $359,143,000 after purchasing an additional 224,833 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in JPMorgan Ultra-Short Income ETF by 1.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock worth $297,252,000 after purchasing an additional 103,192 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.39 on Friday. The firm has a fifty day simple moving average of $50.51 and a two-hundred day simple moving average of $50.50. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75.

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.