Essex Savings Bank Reduces Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Essex Savings Bank cut its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 20.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 28,546 shares of the company’s stock after selling 7,166 shares during the period. Essex Savings Bank’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,448,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $25,000. LRI Investments LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 1st quarter valued at about $30,000. Hershey Financial Advisers LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $30,000. Triad Wealth Partners LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $32,000. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 282.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 734 shares of the company’s stock valued at $37,000 after purchasing an additional 542 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.45 on Friday. JPMorgan Ultra-Short Income ETF has a one year low of $50.08 and a one year high of $50.75. The firm has a 50-day simple moving average of $50.56 and a 200-day simple moving average of $50.48.

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.