JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Industrial Alliance Investment Management Inc.

Industrial Alliance Investment Management Inc. lessened its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,837 shares of the company’s stock after selling 696 shares during the quarter. Industrial Alliance Investment Management Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $648,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of JPST. Mine & Arao Wealth Creation & Management LLC. acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $30,000. First Pacific Financial raised its holdings in JPMorgan Ultra-Short Income ETF by 1,093.9% in the 1st quarter. First Pacific Financial now owns 585 shares of the company’s stock worth $30,000 after purchasing an additional 536 shares during the period. LRI Investments LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 1st quarter worth about $30,000. Mendota Financial Group LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $34,000. Finally, Cooksen Wealth LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $36,000.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST traded up $0.02 during trading hours on Tuesday, hitting $50.59. 3,382,028 shares of the stock were exchanged, compared to its average volume of 3,751,964. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.96 and a 52-week high of $50.64. The firm’s fifty day moving average price is $50.41 and its 200 day moving average price is $50.37.

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.