Royal Harbor Partners LLC Sells 65,795 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Royal Harbor Partners LLC decreased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 44.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 83,515 shares of the company’s stock after selling 65,795 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 1.6% of Royal Harbor Partners LLC’s investment portfolio, making the stock its 18th largest holding. Royal Harbor Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,238,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $25,000. LRI Investments LLC bought a new position in JPMorgan Ultra-Short Income ETF in the first quarter worth approximately $30,000. Hershey Financial Advisers LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $30,000. Triad Wealth Partners LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $32,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 282.3% during the first 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 period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.38 on Friday. The business’s fifty day moving average is $50.59 and its 200 day moving average is $50.47. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.02 and a 12-month 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.