JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Stock Holdings Lessened by Richard W. Paul & Associates LLC

Richard W. Paul & Associates LLC reduced its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,494 shares of the company’s stock after selling 452 shares during the period. Richard W. Paul & Associates LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $277,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of JPST. Noesis Capital Mangement Corp lifted its position in JPMorgan Ultra-Short Income ETF by 14.5% in the 4th quarter. Noesis Capital Mangement Corp now owns 199,663 shares of the company’s stock valued at $10,057,000 after purchasing an additional 25,319 shares during the last quarter. Cobblestone Capital Advisors LLC NY raised its position in shares of JPMorgan Ultra-Short Income ETF by 7.8% during the 4th quarter. Cobblestone Capital Advisors LLC NY now owns 172,366 shares of the company’s stock worth $8,682,000 after buying an additional 12,419 shares in the last quarter. Maple Capital Management Inc. raised its position in shares of JPMorgan Ultra-Short Income ETF by 2.1% during the 4th quarter. Maple Capital Management Inc. now owns 26,072 shares of the company’s stock worth $1,313,000 after buying an additional 548 shares in the last quarter. SVB Wealth LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $3,849,000. Finally, Illumine Investment Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $3,669,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.66 on Friday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.75. The firm’s 50-day moving average is $50.49 and its two-hundred day moving average is $50.53.

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.