Valley National Advisers Inc. Sells 3,908 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Valley National Advisers Inc. lowered its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,548 shares of the company’s stock after selling 3,908 shares during the period. Valley National Advisers Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,811,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of JPST. JPMorgan Chase & Co. lifted its stake in JPMorgan Ultra-Short Income ETF by 39.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,993,049 shares of the company’s stock worth $902,891,000 after purchasing an additional 5,127,429 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 29.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 13,457,071 shares of the company’s stock worth $675,949,000 after buying an additional 3,081,352 shares in the last quarter. HB Wealth Management LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 8.4% during the fourth quarter. HB Wealth Management LLC now owns 7,633,421 shares of the company’s stock valued at $381,244,000 after buying an additional 593,425 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 37.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock valued at $243,837,000 after buying an additional 1,317,710 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in JPMorgan Ultra-Short Income ETF by 5.2% in the 3rd quarter. Royal Bank of Canada now owns 3,877,960 shares of the company’s stock worth $194,596,000 after acquiring an additional 190,121 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

Shares of JPST stock traded up $0.02 on Wednesday, reaching $50.30. The company’s stock had a trading volume of 2,978,142 shares, compared to its average volume of 3,805,831. The stock’s fifty day simple moving average is $50.37 and its 200-day simple moving average is $50.35. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.93 and a 1 year high 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.