Appleton Partners Inc. MA Has $24.86 Million Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Appleton Partners Inc. MA reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 493,462 shares of the company’s stock after selling 85,396 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 1.8% of Appleton Partners Inc. MA’s investment portfolio, making the stock its 10th largest holding. Appleton Partners Inc. MA’s holdings in JPMorgan Ultra-Short Income ETF were worth $24,856,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Bridgewater Advisors Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 11.2% during the fourth quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock valued at $96,956,000 after buying an additional 193,580 shares in the last quarter. Whittier Trust Co. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 29.5% during the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after purchasing an additional 295 shares in the last quarter. Merit Financial Group LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $412,000. Guardian Wealth Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 25.1% in the 4th quarter. Guardian Wealth Advisors LLC now owns 41,232 shares of the company’s stock worth $2,077,000 after purchasing an additional 8,276 shares in the last quarter. Finally, Jaffetilchin Investment Partners LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 9.5% during the third quarter. Jaffetilchin Investment Partners LLC now owns 100,508 shares of the company’s stock valued at $5,100,000 after purchasing an additional 8,704 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.43 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The firm’s 50 day moving average price is $50.48 and its two-hundred day moving average price is $50.52.

About JPMorgan Ultra-Short Income ETF

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.