Essex Savings Bank Sells 7,166 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Essex Savings Bank reduced its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 20.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,546 shares of the company’s stock after selling 7,166 shares during the period. Essex Savings Bank’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,448,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Concurrent Investment Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 15.0% in the 1st quarter. Concurrent Investment Advisors LLC now owns 25,802 shares of the company’s stock worth $1,302,000 after buying an additional 3,370 shares in the last quarter. US Bancorp DE grew its stake in shares of JPMorgan Ultra-Short Income ETF by 37.8% in the 1st quarter. US Bancorp DE now owns 21,108 shares of the company’s stock worth $1,065,000 after buying an additional 5,787 shares in the last quarter. Endowment Wealth Management Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 4.4% in the 1st quarter. Endowment Wealth Management Inc. now owns 30,980 shares of the company’s stock worth $1,563,000 after buying an additional 1,313 shares in the last quarter. Eagle Bay Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter worth $70,000. Finally, Tradewinds LLC. purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter worth $3,278,000.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.45 on Friday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.08 and a 52 week high of $50.75. The firm has a fifty day simple moving average of $50.56 and a two-hundred day simple moving average of $50.48.

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.