American Financial Advisors LLC Has $6.33 Million Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

American Financial Advisors LLC reduced its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 125,564 shares of the company’s stock after selling 2,207 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 0.9% of American Financial Advisors LLC’s portfolio, making the stock its 25th largest position. American Financial Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,325,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Inspire Advisors LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 39.3% in the third quarter. Inspire Advisors LLC now owns 5,947 shares of the company’s stock valued at $302,000 after buying an additional 1,677 shares during the period. Stratos Wealth Partners LTD. raised its position in shares of JPMorgan Ultra-Short Income ETF by 24.0% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 277,243 shares of the company’s stock valued at $14,067,000 after acquiring an additional 53,744 shares during the last quarter. Stratos Investment Management LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 26.2% in the 3rd quarter. Stratos Investment Management LLC now owns 11,005 shares of the company’s stock valued at $558,000 after purchasing an additional 2,285 shares during the period. West Oak Capital LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 46.3% in the 3rd quarter. West Oak Capital LLC now owns 33,788 shares of the company’s stock valued at $1,714,000 after purchasing an additional 10,700 shares during the period. Finally, Meridian Financial Partners LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 2.6% in the 3rd quarter. Meridian Financial Partners LLC now owns 281,806 shares of the company’s stock worth $14,299,000 after purchasing an additional 7,168 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.1 %

NYSEARCA JPST opened at $50.50 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75. The stock has a 50-day simple moving average of $50.48 and a 200 day simple moving average of $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.