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

Castleview Partners LLC decreased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,718 shares of the company’s stock after selling 1,191 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 1.3% of Castleview Partners LLC’s investment portfolio, making the stock its 12th largest holding. Castleview Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,472,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in JPST. JPMorgan Chase & Co. grew its position in shares of JPMorgan Ultra-Short Income ETF by 30.0% during the first quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock worth $2,305,103,000 after buying an additional 10,546,138 shares in the last quarter. Cetera Investment Advisers lifted its stake in JPMorgan Ultra-Short Income ETF by 927.2% during the first quarter. Cetera Investment Advisers now owns 1,790,596 shares of the company’s stock worth $90,336,000 after purchasing an additional 1,616,273 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 37.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock worth $243,837,000 after purchasing an additional 1,317,710 shares during the last quarter. LPL Financial LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 13.5% during the second quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock worth $524,028,000 after purchasing an additional 1,235,482 shares during the last quarter. Finally, Spire Wealth Management lifted its stake in JPMorgan Ultra-Short Income ETF by 207.5% during the second quarter. Spire Wealth Management now owns 1,515,432 shares of the company’s stock worth $76,484,000 after purchasing an additional 1,022,638 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST traded down $0.02 during trading hours on Monday, hitting $50.56. 1,231,264 shares of the stock were exchanged, compared to its average volume of 3,954,733. The stock has a 50-day simple moving average of $50.59 and a 200-day simple moving average of $50.46. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.97 and a 12 month high of $50.75.

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.