Gradient Capital Advisors LLC Sells 2,806 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Gradient Capital Advisors LLC reduced its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 133,434 shares of the company’s stock after selling 2,806 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 2.5% of Gradient Capital Advisors LLC’s investment portfolio, making the stock its 8th largest position. Gradient Capital Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,732,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its stake in JPMorgan Ultra-Short Income ETF by 39.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,993,049 shares of the company’s stock worth $902,891,000 after purchasing an additional 5,127,429 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in JPMorgan Ultra-Short Income ETF by 29.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 13,457,071 shares of the company’s stock worth $675,949,000 after purchasing an additional 3,081,352 shares in the last quarter. HB Wealth Management LLC increased its stake in JPMorgan Ultra-Short Income ETF by 8.4% in 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 in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in JPMorgan Ultra-Short Income ETF by 37.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock worth $243,837,000 after purchasing an additional 1,317,710 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in JPMorgan Ultra-Short Income ETF by 5.2% in 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 in the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

NYSEARCA JPST traded up $0.01 during trading on Friday, reaching $50.47. 3,496,206 shares of the company’s stock were exchanged, compared to its average volume of 3,792,715. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $49.93 and a fifty-two week high of $50.51. The company’s fifty day simple moving average is $50.38 and its 200-day simple moving average is $50.35.

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.