Essex Financial Services Inc. Trims Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Essex Financial Services Inc. trimmed its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 180,352 shares of the company’s stock after selling 24,344 shares during the period. Essex Financial Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,122,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. purchased a new position in JPMorgan Ultra-Short Income ETF during the second quarter worth $25,000. LRI Investments LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 1st quarter worth about $30,000. Hershey Financial Advisers LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $30,000. Triad Wealth Partners LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $32,000. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 282.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 734 shares of the company’s stock worth $37,000 after purchasing an additional 542 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

Shares of NYSEARCA JPST opened at $50.58 on Friday. The company has a 50-day simple moving average of $50.59 and a 200-day simple moving average of $50.47. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.97 and a 12 month high of $50.75.

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.