Continuum Wealth Advisors LLC Sells 169,729 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Continuum Wealth Advisors LLC reduced its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 88.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,213 shares of the company’s stock after selling 169,729 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 0.6% of Continuum Wealth Advisors LLC’s holdings, making the stock its 21st biggest position. Continuum Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,127,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. acquired a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $25,000. LRI Investments LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter valued at approximately $30,000. Hershey Financial Advisers LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the second quarter worth $30,000. Triad Wealth Partners LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $32,000. Finally, EverSource Wealth Advisors LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 282.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 734 shares of the company’s stock valued at $37,000 after acquiring an additional 542 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST traded up $0.02 during mid-day trading on Friday, reaching $50.58. 3,316,760 shares of the stock were exchanged, compared to its average volume of 3,968,215. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.97 and a 1 year high of $50.75. The company has a 50 day moving average price of $50.59 and a two-hundred day moving average price of $50.45.

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.