Sunburst Financial Group LLC Sells 2,865 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Sunburst Financial Group LLC cut its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 53,919 shares of the company’s stock after selling 2,865 shares during the period. JPMorgan Ultra-Short Income ETF makes up 0.7% of Sunburst Financial Group LLC’s holdings, making the stock its 26th largest position. Sunburst Financial Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,716,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in JPST. Moloney Securities Asset Management LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 1.6% during the fourth quarter. Moloney Securities Asset Management LLC now owns 14,662 shares of the company’s stock worth $739,000 after buying an additional 224 shares during the period. Eastern Bank lifted its stake in 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. SteelPeak Wealth LLC boosted its position in JPMorgan Ultra-Short Income ETF by 4.2% during the 4th quarter. SteelPeak Wealth LLC now owns 6,394 shares of the company’s stock worth $323,000 after acquiring an additional 260 shares during the last quarter. Aspen Wealth Strategies LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 1.0% during the 3rd quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock worth $1,372,000 after acquiring an additional 261 shares in the last quarter. Finally, Edgestream Partners L.P. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.6% in the third quarter. Edgestream Partners L.P. now owns 47,521 shares of the company’s stock valued at $2,411,000 after purchasing an additional 262 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.47 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75. The company’s fifty day simple moving average is $50.48 and its 200-day simple moving average is $50.52.

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.