Whittier Trust Co. Cuts Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Whittier Trust Co. cut its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 22.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,000 shares of the company’s stock after selling 295 shares during the period. Whittier Trust Co.’s holdings in JPMorgan Ultra-Short Income ETF were worth $50,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in JPMorgan Ultra-Short Income ETF by 26.2% in the third quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after acquiring an additional 15,245,816 shares in the last quarter. HB Wealth Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.2% in the 4th quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock valued at $416,590,000 after purchasing an additional 838,189 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 1.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock worth $297,252,000 after purchasing an additional 103,192 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth $173,884,000. Finally, Brooklyn FI LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 6,968.8% in the fourth quarter. Brooklyn FI LLC now owns 2,979,271 shares of the company’s stock valued at $150,461,000 after buying an additional 2,937,124 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Down 0.1 %

Shares of NYSEARCA JPST opened at $50.56 on Tuesday. The business has a 50-day moving average of $50.52 and a two-hundred day moving average of $50.52. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75.

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.