JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by First Business Financial Services Inc.

First Business Financial Services Inc. decreased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 201,911 shares of the company’s stock after selling 23,549 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 1.0% of First Business Financial Services Inc.’s investment portfolio, making the stock its 13th biggest position. First Business Financial Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,245,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at approximately $25,000. Kennebec Savings Bank acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $27,000. LRI Investments LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the first quarter worth about $30,000. Hershey Financial Advisers LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the second quarter worth approximately $30,000. Finally, Triad Wealth Partners LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $32,000.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.46 on Friday. The business has a fifty day simple moving average of $50.56 and a 200-day simple moving average of $50.48. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.13 and a 12 month high of $50.75.

JPMorgan Ultra-Short Income ETF Company 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.