TPG Financial Advisors LLC cut its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 5.8% during the 1st quarter, Holdings Channel reports. The fund owned 23,966 shares of the company’s stock after selling 1,483 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 0.5% of TPG Financial Advisors LLC’s investment portfolio, making the stock its 28th largest position. TPG Financial Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,213,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also bought and sold shares of the company. Howe & Rusling Inc. bought a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth $26,000. Logan Capital Management Inc. bought a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth $27,000. Maryland Capital Advisors Inc. bought a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth $31,000. Cyrus J. Lawrence LLC bought a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth $31,000. Finally, Cullen Frost Bankers Inc. bought a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth $33,000.
JPMorgan Ultra-Short Income ETF Price Performance
Shares of NYSEARCA JPST opened at $50.52 on Friday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.25 and a 12-month high of $50.75. The company’s fifty day simple moving average is $50.50 and its 200 day simple moving average is $50.50.
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.
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Want to see what other hedge funds are holding JPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report).
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