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

Simon Quick Advisors LLC decreased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.0% during the 1st quarter, Holdings Channel reports. The firm owned 277,397 shares of the company’s stock after selling 2,711 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 0.8% of Simon Quick Advisors LLC’s investment portfolio, making the stock its 23rd largest position. Simon Quick Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $14,045,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Paladin Advisory Group LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 1.4% in the first quarter. Paladin Advisory Group LLC now owns 106,686 shares of the company’s stock valued at $5,402,000 after purchasing an additional 1,458 shares during the period. Skyline Advisors Inc. grew its position in shares of JPMorgan Ultra-Short Income ETF by 6.2% in the first quarter. Skyline Advisors Inc. now owns 92,471 shares of the company’s stock valued at $4,682,000 after purchasing an additional 5,407 shares during the period. Donaldson Capital Management LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 32.2% in the first quarter. Donaldson Capital Management LLC now owns 461,493 shares of the company’s stock valued at $23,365,000 after purchasing an additional 112,485 shares during the period. CX Institutional acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the first quarter valued at about $1,879,000. Finally, Integrated Advisors Network LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 22.5% in the first quarter. Integrated Advisors Network LLC now owns 42,067 shares of the company’s stock valued at $2,130,000 after purchasing an additional 7,737 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of NYSEARCA JPST opened at $50.49 on Thursday. The company’s 50-day simple moving average is $50.49 and its 200-day simple moving average is $50.50. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.25 and a 52-week 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.