Procyon Advisors LLC Lowers Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Procyon Advisors LLC reduced its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 26.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,442 shares of the company’s stock after selling 23,732 shares during the period. Procyon Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,347,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of JPST. Eastern Bank lifted its position in JPMorgan Ultra-Short Income ETF by 95.1% during the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after buying an additional 250 shares in the last quarter. Kennebec Savings Bank purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $27,000. Hershey Financial Advisers LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $30,000. Whittier Trust Co. increased its holdings in JPMorgan Ultra-Short Income ETF by 29.5% in the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after purchasing an additional 295 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in JPMorgan Ultra-Short Income ETF by 238.4% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,692 shares of the company’s stock worth $86,000 after purchasing an additional 1,192 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.48 on Friday. The firm has a 50 day simple moving average of $50.47 and a 200-day simple moving average of $50.51. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve 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.