Norden Group LLC Sells 71,109 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Norden Group LLC decreased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 24.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 218,596 shares of the company’s stock after selling 71,109 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 1.8% of Norden Group LLC’s investment portfolio, making the stock its 4th biggest holding. Norden Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,980,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of JPST. Cary Street Partners Investment Advisory LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 184.6% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 43,369 shares of the company’s stock worth $2,189,000 after acquiring an additional 28,130 shares in the last quarter. First Ascent Asset Management LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 6.9% during the fourth quarter. First Ascent Asset Management LLC now owns 15,667 shares of the company’s stock worth $787,000 after purchasing an additional 1,007 shares during the period. Kestra Private Wealth Services LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 26.1% during the fourth quarter. Kestra Private Wealth Services LLC now owns 130,963 shares of the company’s stock worth $6,578,000 after purchasing an additional 27,102 shares during the period. Adell Harriman & Carpenter Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 175.0% during the 4th quarter. Adell Harriman & Carpenter Inc. now owns 88,706 shares of the company’s stock valued at $4,456,000 after purchasing an additional 56,451 shares in the last quarter. Finally, Avaii Wealth Management LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 80.7% in the 4th quarter. Avaii Wealth Management LLC now owns 16,057 shares of the company’s stock valued at $807,000 after purchasing an additional 7,171 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock remained flat at $50.43 during mid-day trading on Tuesday. 2,952,536 shares of the company’s stock traded hands, compared to its average volume of 3,842,550. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.93 and a 52-week high of $50.51. The business has a fifty day simple moving average of $50.35 and a 200 day simple moving average of $50.29.

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.