West Paces Advisors Inc. Reduces Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

West Paces Advisors Inc. lessened its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 81,190 shares of the company’s stock after selling 4,676 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 1.1% of West Paces Advisors Inc.’s portfolio, making the stock its 15th largest holding. West Paces Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,078,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Walker Asset Management LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 3.0% during the 4th quarter. Walker Asset Management LLC now owns 7,015 shares of the company’s stock valued at $352,000 after buying an additional 203 shares in the last quarter. Rollins Financial lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 3.8% during the 3rd quarter. Rollins Financial now owns 5,598 shares of the company’s stock valued at $281,000 after buying an additional 205 shares in the last quarter. Harbor Investment Advisory LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 7.7% during the 3rd quarter. Harbor Investment Advisory LLC now owns 2,908 shares of the company’s stock valued at $146,000 after buying an additional 208 shares in the last quarter. Inscription Capital LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.0% during 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. Finally, Advisors Asset Management Inc. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 6,562 shares of the company’s stock valued at $329,000 after buying an additional 287 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

Shares of JPST traded up $0.01 during trading hours on Tuesday, reaching $50.32. 5,816,527 shares of the stock traded hands, compared to its average volume of 3,802,005. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.93 and a 52-week high of $50.51. The company’s 50-day moving average price is $50.34 and its two-hundred day moving average price is $50.27.

About JPMorgan Ultra-Short Income ETF

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.