JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Graypoint LLC

Graypoint LLC lowered its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 29.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,915 shares of the company’s stock after selling 9,000 shares during the period. Graypoint LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,104,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Hayek Kallen Investment Management raised its position in JPMorgan Ultra-Short Income ETF by 0.3% during the third quarter. Hayek Kallen Investment Management now owns 76,493 shares of the company’s stock worth $3,881,000 after acquiring an additional 219 shares during the last quarter. Aspen Wealth Strategies LLC raised its position in JPMorgan Ultra-Short Income ETF by 1.0% during the third quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock worth $1,372,000 after acquiring an additional 261 shares during the last quarter. Edgestream Partners L.P. raised its position in JPMorgan Ultra-Short Income ETF by 0.6% during the third quarter. Edgestream Partners L.P. now owns 47,521 shares of the company’s stock worth $2,411,000 after acquiring an additional 262 shares during the last quarter. Eagle Bluffs Wealth Management LLC raised its position in JPMorgan Ultra-Short Income ETF by 0.6% during the third quarter. Eagle Bluffs Wealth Management LLC now owns 51,672 shares of the company’s stock worth $2,622,000 after acquiring an additional 293 shares during the last quarter. Finally, Private Trust Co. NA raised its position in JPMorgan Ultra-Short Income ETF by 1.4% during the third quarter. Private Trust Co. NA now owns 21,106 shares of the company’s stock worth $1,071,000 after acquiring an additional 294 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.42 on Friday. The firm has a 50 day simple moving average of $50.47 and a 200-day simple moving average of $50.51. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75.

JPMorgan Ultra-Short Income ETF 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.