Signature Estate & Investment Advisors LLC Reduces Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Signature Estate & Investment Advisors LLC decreased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 63.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,204 shares of the company’s stock after selling 9,182 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $262,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. New Wave Wealth Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $25,000. Eastern Bank grew its position in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after purchasing an additional 250 shares during the last quarter. Maryland Capital Advisors Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $31,000. Cyrus J. Lawrence LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $31,000. Finally, Cullen Frost Bankers Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $33,000.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.59 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75. The stock has a fifty day moving average of $50.52 and a two-hundred day moving average of $50.52.

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.