Beacon Investment Advisory Services Inc. Decreases Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Beacon Investment Advisory Services Inc. decreased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 487,019 shares of the company’s stock after selling 6,888 shares during the period. Beacon Investment Advisory Services Inc. owned about 0.11% of JPMorgan Ultra-Short Income ETF worth $24,531,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in JPST. Hayek Kallen Investment Management raised its stake in shares of JPMorgan Ultra-Short Income ETF by 0.3% in the 3rd quarter. Hayek Kallen Investment Management now owns 76,493 shares of the company’s stock valued at $3,881,000 after purchasing an additional 219 shares in the last quarter. Eastern Bank increased its holdings in JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after buying an additional 250 shares during the last quarter. Aspen Wealth Strategies LLC raised its stake 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 valued at $1,372,000 after buying an additional 261 shares in the last quarter. Edgestream Partners L.P. grew its position in shares of JPMorgan Ultra-Short Income ETF by 0.6% in the 3rd 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 in the last quarter. Finally, Unique Wealth LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.4% in the 4th quarter. Unique Wealth LLC now owns 18,979 shares of the company’s stock valued at $956,000 after acquiring an additional 262 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.51 on Thursday. The business’s fifty day moving average price is $50.48 and its 200 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 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.