Sand Hill Global Advisors LLC Decreases Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Sand Hill Global Advisors LLC decreased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 115,544 shares of the company’s stock after selling 11,523 shares during the quarter. Sand Hill Global Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,804,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Walker Asset Management LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 3.0% in the 4th quarter. Walker Asset Management LLC now owns 7,015 shares of the company’s stock valued at $352,000 after acquiring an additional 203 shares during the last quarter. Rollins Financial boosted its stake in JPMorgan Ultra-Short Income ETF by 3.8% during the third quarter. Rollins Financial now owns 5,598 shares of the company’s stock worth $281,000 after buying an additional 205 shares during the last quarter. Inscription Capital LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 4.0% in the 4th quarter. Inscription Capital LLC now owns 5,608 shares of the company’s stock valued at $282,000 after buying an additional 214 shares in the last quarter. First Heartland Consultants Inc. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 2.8% in the 4th quarter. First Heartland Consultants Inc. now owns 8,547 shares of the company’s stock worth $429,000 after acquiring an additional 233 shares during the last quarter. Finally, Harbor Investment Advisory LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 8.6% during the 4th quarter. Harbor Investment Advisory LLC now owns 3,158 shares of the company’s stock worth $159,000 after acquiring an additional 250 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Down 0.0 %

Shares of JPST stock traded down $0.01 on Wednesday, hitting $50.40. 3,405,559 shares of the stock traded hands, compared to its average volume of 3,841,432. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.93 and a twelve month high of $50.51. The firm’s 50-day moving average price is $50.34 and its two-hundred day moving average price is $50.31.

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.