JFS Wealth Advisors LLC Sells 30,736 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

JFS Wealth Advisors LLC decreased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 260,412 shares of the company’s stock after selling 30,736 shares during the period. JPMorgan Ultra-Short Income ETF makes up 0.9% of JFS Wealth Advisors LLC’s investment portfolio, making the stock its 26th largest holding. JFS Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $13,213,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Transform Wealth LLC boosted its position in JPMorgan Ultra-Short Income ETF by 1.9% during the 2nd quarter. Transform Wealth LLC now owns 10,917 shares of the company’s stock valued at $551,000 after acquiring an additional 200 shares in the last quarter. InTrack Investment Management Inc boosted its position in shares of JPMorgan Ultra-Short Income ETF by 2.4% during the second quarter. InTrack Investment Management Inc now owns 8,992 shares of the company’s stock valued at $454,000 after purchasing an additional 209 shares in the last quarter. Etesian Wealth Advisors Inc. grew its stake in JPMorgan Ultra-Short Income ETF by 3.4% in the second quarter. Etesian Wealth Advisors Inc. now owns 6,387 shares of the company’s stock worth $322,000 after purchasing an additional 213 shares during the period. Hayek Kallen Investment Management raised its holdings in JPMorgan Ultra-Short Income ETF by 0.3% in the third quarter. Hayek Kallen Investment Management now owns 76,493 shares of the company’s stock worth $3,881,000 after purchasing an additional 219 shares in the last quarter. Finally, Thompson Davis & CO. Inc. lifted its position in JPMorgan Ultra-Short Income ETF by 3.2% during the first quarter. Thompson Davis & CO. Inc. now owns 7,452 shares of the company’s stock valued at $376,000 after buying an additional 230 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Down 0.1 %

NYSEARCA:JPST opened at $50.57 on Thursday. The firm’s 50-day moving average price is $50.59 and its 200-day moving average price is $50.47. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.97 and a 1-year high of $50.75.

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.