Latitude Advisors LLC Sells 4,236 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Latitude Advisors LLC lessened its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,093 shares of the company’s stock after selling 4,236 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 1.3% of Latitude Advisors LLC’s investment portfolio, making the stock its 14th largest position. Latitude Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,237,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in JPST. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 30.0% in the first quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock worth $2,305,103,000 after buying an additional 10,546,138 shares in the last quarter. LPL Financial LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 13.5% during the second quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock worth $524,028,000 after purchasing an additional 1,235,482 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 22.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock worth $292,016,000 after purchasing an additional 1,053,392 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in JPMorgan Ultra-Short Income ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock valued at $182,463,000 after purchasing an additional 14,611 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in JPMorgan Ultra-Short Income ETF by 31.0% during the second quarter. Cetera Investment Advisers now owns 2,345,160 shares of the company’s stock valued at $118,360,000 after purchasing an additional 554,564 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.38 on Friday. The company’s fifty day moving average price is $50.59 and its 200-day moving average price is $50.47. JPMorgan Ultra-Short Income ETF has a one year low of $50.02 and a one year high of $50.75.

JPMorgan Ultra-Short Income ETF Company 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.