Oarsman Capital Inc. Lowers Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Oarsman Capital Inc. cut its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 213,138 shares of the company’s stock after selling 16,393 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 1.9% of Oarsman Capital Inc.’s investment portfolio, making the stock its 11th largest position. Oarsman Capital Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,736,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 32.6% in the 4th quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock valued at $4,911,897,000 after acquiring an additional 23,971,471 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth approximately $173,884,000. Brooklyn FI LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 6,968.8% in the fourth quarter. Brooklyn FI LLC now owns 2,979,271 shares of the company’s stock worth $150,461,000 after buying an additional 2,937,124 shares during the period. LPL Financial LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 13.6% during the 4th quarter. LPL Financial LLC now owns 12,694,776 shares of the company’s stock valued at $639,436,000 after buying an additional 1,522,758 shares during the last quarter. Finally, Temasek Holdings Private Ltd purchased a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $50,075,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.48 on Friday. The firm’s 50-day moving average price is $50.53 and its two-hundred day moving average price is $50.52. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75.

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.