Johnson Financial Group Inc. Cuts Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Johnson Financial Group Inc. decreased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 105,413 shares of the company’s stock after selling 17,665 shares during the period. Johnson Financial Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,334,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in JPMorgan Ultra-Short Income ETF by 32.6% in the 4th quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock worth $4,911,897,000 after buying an additional 23,971,471 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $173,884,000. Brooklyn FI LLC lifted its stake in shares of 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 worth $150,461,000 after acquiring an additional 2,937,124 shares in the last quarter. State of Tennessee Department of Treasury purchased a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $91,006,000. Finally, LPL Financial LLC grew its stake in JPMorgan Ultra-Short Income ETF by 13.6% during the 4th quarter. LPL Financial LLC now owns 12,694,776 shares of the company’s stock valued at $639,436,000 after purchasing an additional 1,522,758 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

Shares of JPST opened at $50.60 on Friday. The business’s 50 day moving average is $50.52 and its two-hundred day moving average is $50.50. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week 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.