JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC cut its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 33.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 34,026 shares of the company’s stock after selling 16,847 shares during the period. Sequoia Financial Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,717,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in JPMorgan Ultra-Short Income ETF in the second quarter worth $25,000. First Pacific Financial boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 1,093.9% during the first quarter. First Pacific Financial now owns 585 shares of the company’s stock valued at $30,000 after acquiring an additional 536 shares during the period. Mine & Arao Wealth Creation & Management LLC. acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $30,000. LRI Investments LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter valued at $30,000. Finally, Cooksen Wealth LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $36,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock traded up $0.01 during trading on Tuesday, hitting $50.51. The company had a trading volume of 1,757,002 shares, compared to its average volume of 3,837,994. The business has a 50 day moving average of $50.42 and a 200 day moving average of $50.38. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $49.96 and a fifty-two week high of $50.64.

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.