Simon Quick Advisors LLC Trims Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Simon Quick Advisors LLC lessened its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 277,397 shares of the company’s stock after selling 2,711 shares during the period. JPMorgan Ultra-Short Income ETF makes up 0.8% of Simon Quick Advisors LLC’s holdings, making the stock its 23rd biggest position. Simon Quick Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $14,045,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Howe & Rusling Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $26,000. Logan Capital Management Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $27,000. Maryland Capital Advisors Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $31,000. Cyrus J. Lawrence LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $31,000. Finally, Cullen Frost Bankers Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $33,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.49 on Thursday. The firm’s fifty day moving average is $50.49 and its 200 day moving average is $50.50. JPMorgan Ultra-Short Income ETF has a one year low of $50.25 and a one year 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.