JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Paradigm Strategies in Wealth Management LLC

Paradigm Strategies in Wealth Management LLC cut its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 339,426 shares of the company’s stock after selling 36,922 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 11.3% of Paradigm Strategies in Wealth Management LLC’s investment portfolio, making the stock its 5th largest holding. Paradigm Strategies in Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $17,097,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of JPST. Eastern Bank increased its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after acquiring an additional 250 shares in the last quarter. Kennebec Savings Bank acquired a new stake in JPMorgan Ultra-Short Income ETF in the third quarter worth $27,000. Hershey Financial Advisers LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the second quarter valued at $30,000. Whittier Trust Co. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 29.5% during the third quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after purchasing an additional 295 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 238.4% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,692 shares of the company’s stock worth $86,000 after purchasing an additional 1,192 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.47 on Thursday. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75. The stock has a 50-day moving average of $50.47 and a 200-day moving average of $50.51.

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.