Greenbush Financial Group LLC Lowers Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Greenbush Financial Group LLC trimmed its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.7% during the 1st quarter, Holdings Channel reports. The fund owned 60,412 shares of the company’s stock after selling 6,516 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 1.5% of Greenbush Financial Group LLC’s investment portfolio, making the stock its 18th largest position. Greenbush Financial Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,059,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of JPST. NewSquare Capital LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 158.2% in the 1st quarter. NewSquare Capital LLC now owns 24,220 shares of the company’s stock valued at $1,226,000 after purchasing an additional 14,838 shares during the period. HUB Investment Partners LLC grew its position in JPMorgan Ultra-Short Income ETF by 41.5% during the fourth quarter. HUB Investment Partners LLC now owns 40,210 shares of the company’s stock valued at $2,025,000 after buying an additional 11,794 shares during the period. Delta Financial Group Inc. increased its holdings in JPMorgan Ultra-Short Income ETF by 265.1% in the fourth quarter. Delta Financial Group Inc. now owns 88,683 shares of the company’s stock valued at $4,467,000 after buying an additional 64,393 shares in the last quarter. Focus Partners Wealth raised its position in shares of JPMorgan Ultra-Short Income ETF by 288.2% in the fourth quarter. Focus Partners Wealth now owns 539,112 shares of the company’s stock worth $27,391,000 after acquiring an additional 400,239 shares during the period. Finally, Franklin Resources Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 6.4% during the 4th quarter. Franklin Resources Inc. now owns 485,808 shares of the company’s stock worth $24,470,000 after acquiring an additional 29,299 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.53 on Tuesday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.25 and a 52 week high of $50.75. The stock’s 50-day moving average price is $50.50 and its 200-day moving average price is $50.50.

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.