5th Street Advisors LLC Reduces Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

5th Street Advisors LLC lowered its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 90.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,710 shares of the company’s stock after selling 135,995 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 0.4% of 5th Street Advisors LLC’s holdings, making the stock its 22nd biggest holding. 5th Street Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $692,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in JPST. Resonant Capital Advisors LLC increased its position in JPMorgan Ultra-Short Income ETF by 23.5% during the 1st quarter. Resonant Capital Advisors LLC now owns 216,129 shares of the company’s stock worth $10,904,000 after purchasing an additional 41,078 shares in the last quarter. Janney Montgomery Scott LLC increased its position in JPMorgan Ultra-Short Income ETF by 46.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 465,301 shares of the company’s stock worth $23,474,000 after purchasing an additional 146,667 shares in the last quarter. BNP Paribas Financial Markets increased its position in JPMorgan Ultra-Short Income ETF by 851.5% during the 1st quarter. BNP Paribas Financial Markets now owns 581,353 shares of the company’s stock worth $29,329,000 after purchasing an additional 520,253 shares in the last quarter. Auour Investments LLC increased its position in JPMorgan Ultra-Short Income ETF by 22.7% during the 1st quarter. Auour Investments LLC now owns 80,060 shares of the company’s stock worth $4,039,000 after purchasing an additional 14,826 shares in the last quarter. Finally, Intelligence Driven Advisers LLC increased its position in JPMorgan Ultra-Short Income ETF by 3.0% during the 1st quarter. Intelligence Driven Advisers LLC now owns 17,733 shares of the company’s stock worth $895,000 after purchasing an additional 520 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.1 %

JPMorgan Ultra-Short Income ETF stock traded up $0.03 during midday trading on Friday, reaching $50.33. 2,795,540 shares of the company were exchanged, compared to its average volume of 3,797,935. The firm’s 50-day simple moving average is $50.37 and its 200-day simple moving average is $50.35. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.93 and a 1 year 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.