Latitude Advisors LLC Reduces Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Latitude Advisors LLC reduced its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 31.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 30,227 shares of the company’s stock after selling 13,866 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 0.9% of Latitude Advisors LLC’s portfolio, making the stock its 26th largest holding. Latitude Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,523,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of JPST. Guardian Wealth Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 25.1% during 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 during the period. Essex LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 5.5% during the fourth quarter. Essex LLC now owns 230,834 shares of the company’s stock valued at $11,627,000 after buying an additional 12,054 shares during the period. Bridgewater Advisors Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.2% in the fourth quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock valued at $96,956,000 after acquiring an additional 193,580 shares in the last quarter. Whittier Trust Co. lifted its stake in JPMorgan Ultra-Short Income ETF by 29.5% in the third quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock worth $66,000 after acquiring an additional 295 shares during the period. Finally, Merit Financial Group LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $412,000.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.45 on Tuesday. The firm has a 50-day simple moving average of $50.48 and a 200-day simple moving average of $50.52. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75.

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.