Paragon Advisors LLC Sells 19,555 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Paragon Advisors LLC lowered its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 18.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 87,869 shares of the company’s stock after selling 19,555 shares during the period. JPMorgan Ultra-Short Income ETF makes up 1.4% of Paragon Advisors LLC’s portfolio, making the stock its 14th biggest position. Paragon Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,458,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also made changes to their positions in the company. LPL Financial LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 13.5% in the second quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock worth $524,028,000 after purchasing an additional 1,235,482 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 22.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock valued at $292,016,000 after purchasing an additional 1,053,392 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock valued at $182,463,000 after acquiring an additional 14,611 shares in the last quarter. Cetera Investment Advisers increased its stake in JPMorgan Ultra-Short Income ETF by 31.0% during the 2nd quarter. Cetera Investment Advisers now owns 2,345,160 shares of the company’s stock worth $118,360,000 after acquiring an additional 554,564 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its position in JPMorgan Ultra-Short Income ETF by 6.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 2,201,925 shares of the company’s stock worth $111,131,000 after purchasing an additional 142,741 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

NYSEARCA:JPST opened at $50.48 on Friday. The stock’s 50-day simple moving average is $50.56 and its 200 day simple moving average is $50.48. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.13 and a twelve month 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.