Sandbox Financial Partners LLC Has $8.08 Million Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Sandbox Financial Partners LLC reduced its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 26.0% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 160,207 shares of the company’s stock after selling 56,433 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 3.4% of Sandbox Financial Partners LLC’s investment portfolio, making the stock its 9th largest holding. Sandbox Financial Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,082,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Mine & Arao Wealth Creation & Management LLC. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $30,000. Mendota Financial Group LLC bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $34,000. Cooksen Wealth LLC bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $36,000. Tucker Asset Management LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 75.7% in the fourth quarter. Tucker Asset Management LLC now owns 736 shares of the company’s stock worth $37,000 after purchasing an additional 317 shares in the last quarter. Finally, Pacific Capital Wealth Advisors Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth $45,000.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST traded up $0.02 on Thursday, hitting $50.47. 1,279,610 shares of the stock were exchanged, compared to its average volume of 3,777,743. The business’s fifty day moving average is $50.37 and its 200 day moving average is $50.35. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.93 and a 52 week high of $50.51.

JPMorgan Ultra-Short Income ETF Company 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.