HM Payson & Co. Sells 16,150 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

HM Payson & Co. lessened its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 30.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 37,092 shares of the company’s stock after selling 16,150 shares during the period. HM Payson & Co.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,871,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of JPST. Mine & Arao Wealth Creation & Management LLC. bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth $30,000. First Pacific Financial increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 1,093.9% in the 1st quarter. First Pacific Financial now owns 585 shares of the company’s stock worth $30,000 after buying an additional 536 shares during the last quarter. LRI Investments LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter worth $30,000. Cooksen Wealth LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth $36,000. Finally, Tucker Asset Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 75.7% in the 4th quarter. Tucker Asset Management LLC now owns 736 shares of the company’s stock worth $37,000 after buying an additional 317 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST traded up $0.07 during trading on Friday, reaching $50.46. The company had a trading volume of 6,938,786 shares, compared to its average volume of 3,786,906. The company has a fifty day moving average of $50.42 and a two-hundred day moving average of $50.37. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.96 and a 12 month high of $50.64.

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.