JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Market Street Wealth Management Advisors LLC

Market Street Wealth Management Advisors LLC cut its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 62.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,346 shares of the company’s stock after selling 22,331 shares during the period. Market Street Wealth Management Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $677,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in JPST. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $25,000. LRI Investments LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the first quarter valued at approximately $30,000. Hershey Financial Advisers LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $30,000. Triad Wealth Partners LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $32,000. Finally, EverSource Wealth Advisors LLC increased 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 acquiring an additional 542 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.57 on Thursday. The stock’s 50 day simple moving average is $50.58 and its 200 day simple moving average is $50.45. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.97 and a 12-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.