JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) is Interchange Capital Partners LLC’s 7th Largest Position

Interchange Capital Partners LLC cut its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 125,900 shares of the company’s stock after selling 10,946 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 2.3% of Interchange Capital Partners LLC’s investment portfolio, making the stock its 7th biggest position. Interchange Capital Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,342,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of JPST. New Wave Wealth Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $25,000. Eastern Bank boosted its holdings in JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after acquiring an additional 250 shares during the period. Maryland Capital Advisors Inc. purchased a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $31,000. Cyrus J. Lawrence LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $31,000. Finally, Cullen Frost Bankers Inc. purchased a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $33,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.59 on Monday. The business has a 50-day moving average of $50.51 and a 200 day moving average of $50.52. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75.

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.