Confluence Wealth Services Inc. Cuts Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Confluence Wealth Services Inc. reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 16.4% in the fourth quarter, HoldingsChannel reports. The firm owned 19,072 shares of the company’s stock after selling 3,752 shares during the period. Confluence Wealth Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $963,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Stratos Investment Management LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 14.5% in the fourth quarter. Stratos Investment Management LLC now owns 12,606 shares of the company’s stock valued at $635,000 after acquiring an additional 1,601 shares in the last quarter. Stratos Wealth Advisors LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 2.4% in the 4th quarter. Stratos Wealth Advisors LLC now owns 88,699 shares of the company’s stock valued at $4,468,000 after purchasing an additional 2,068 shares during the last quarter. Stratos Wealth Partners LTD. boosted its stake in JPMorgan Ultra-Short Income ETF by 11.6% in the 4th quarter. Stratos Wealth Partners LTD. now owns 309,388 shares of the company’s stock worth $15,584,000 after purchasing an additional 32,145 shares in the last quarter. Silverlake Wealth Management LLC grew its position in JPMorgan Ultra-Short Income ETF by 13.1% during the 4th quarter. Silverlake Wealth Management LLC now owns 44,759 shares of the company’s stock worth $2,254,000 after purchasing an additional 5,201 shares during the last quarter. Finally, Members Capital Advisors Inc. increased its stake in JPMorgan Ultra-Short Income ETF by 49.5% during the 4th quarter. Members Capital Advisors Inc. now owns 1,495,000 shares of the company’s stock valued at $75,303,000 after purchasing an additional 495,000 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

NYSEARCA JPST opened at $50.44 on Thursday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75. The company has a fifty day simple moving average of $50.48 and a two-hundred day simple moving average of $50.52.

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.