JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. lowered its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,645 shares of the company’s stock after selling 2,008 shares during the period. Sovereign Financial Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,443,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in JPST. Eastern Bank boosted its holdings in JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after acquiring an additional 250 shares during the period. Kennebec Savings Bank purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at $27,000. Hershey Financial Advisers LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at $30,000. Whittier Trust Co. increased its stake in JPMorgan Ultra-Short Income ETF by 29.5% during the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock worth $66,000 after buying an additional 295 shares during the period. Finally, Wagner Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 188.4% in the 3rd quarter. Wagner Wealth Management LLC now owns 1,693 shares of the company’s stock worth $86,000 after buying an additional 1,106 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.43 on Wednesday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75. The business has a 50-day moving average of $50.47 and a 200-day moving average of $50.51.

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.