Commonwealth Equity Services LLC Decreases Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Commonwealth Equity Services LLC lessened its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,914,344 shares of the company’s stock after selling 180,714 shares during the quarter. Commonwealth Equity Services LLC owned about 0.41% of JPMorgan Ultra-Short Income ETF worth $96,158,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Robertson Stephens Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 9.7% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 5,671 shares of the company’s stock valued at $286,000 after buying an additional 500 shares in the last quarter. Essex Financial Services Inc. grew its position in shares of JPMorgan Ultra-Short Income ETF by 12.7% in the fourth quarter. Essex Financial Services Inc. now owns 185,024 shares of the company’s stock valued at $9,294,000 after purchasing an additional 20,799 shares during the period. Mine & Arao Wealth Creation & Management LLC. acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $30,000. Triumph Capital Management boosted its stake in JPMorgan Ultra-Short Income ETF by 5.6% during the 4th quarter. Triumph Capital Management now owns 270,119 shares of the company’s stock worth $13,632,000 after purchasing an additional 14,224 shares during the last quarter. Finally, Paces Ferry Wealth Advisors LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.7% in the fourth quarter. Paces Ferry Wealth Advisors LLC now owns 154,191 shares of the company’s stock worth $7,745,000 after buying an additional 6,852 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock traded up $0.03 during trading on Friday, reaching $50.28. 3,577,691 shares of the company were exchanged, compared to its average volume of 3,902,906. The stock’s 50 day simple moving average is $50.34 and its two-hundred day simple moving average is $50.29. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.93 and a 52-week high of $50.51.

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.