JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Archer Investment Corp

Archer Investment Corp cut its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,502 shares of the company’s stock after selling 273 shares during the quarter. Archer Investment Corp’s holdings in JPMorgan Ultra-Short Income ETF were worth $126,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Morgan Stanley increased its position in shares of JPMorgan Ultra-Short Income ETF by 17.9% during the 4th quarter. Morgan Stanley now owns 56,269,718 shares of the company’s stock worth $2,820,801,000 after purchasing an additional 8,540,248 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of JPMorgan Ultra-Short Income ETF by 129.2% during the 1st quarter. JPMorgan Chase & Co. now owns 19,073,068 shares of the company’s stock worth $959,758,000 after purchasing an additional 10,751,662 shares during the last quarter. HB Wealth Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 8.4% during the 4th quarter. HB Wealth Management LLC now owns 7,633,421 shares of the company’s stock worth $381,244,000 after purchasing an additional 593,425 shares during the last quarter. Jane Street Group LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 218.6% during the 1st quarter. Jane Street Group LLC now owns 5,369,637 shares of the company’s stock worth $270,200,000 after purchasing an additional 3,684,443 shares during the last quarter. Finally, Royal Bank of Canada increased its position in shares of JPMorgan Ultra-Short Income ETF by 5.2% during the 3rd quarter. Royal Bank of Canada now owns 3,877,960 shares of the company’s stock worth $194,596,000 after purchasing an additional 190,121 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.34 on Thursday. The business has a 50-day moving average price of $50.34 and a 200 day moving average price of $50.27. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.93 and a 12-month 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.