JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC lowered its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,616 shares of the company’s stock after selling 1,867 shares during the period. Parallel Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $887,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of JPST. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 26.2% in the third quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock worth $3,731,666,000 after buying an additional 15,245,816 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth $173,884,000. Temasek Holdings Private Ltd acquired a new stake in JPMorgan Ultra-Short Income ETF during the third quarter valued at $50,075,000. West Oak Capital LLC boosted its position in JPMorgan Ultra-Short Income ETF by 2,619.5% during the fourth quarter. West Oak Capital LLC now owns 918,881 shares of the company’s stock valued at $46,284,000 after purchasing an additional 885,093 shares during the last quarter. Finally, HB Wealth Management LLC boosted its position in JPMorgan Ultra-Short Income ETF by 11.2% during the fourth quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock valued at $416,590,000 after purchasing an additional 838,189 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.57 on Thursday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The stock has a fifty day moving average price of $50.51 and a 200 day moving average price 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.