Westbourne Investment Advisors Inc. Sells 400 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Westbourne Investment Advisors Inc. decreased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.7% during the fourth quarter, HoldingsChannel reports. The firm owned 8,165 shares of the company’s stock after selling 400 shares during the period. Westbourne Investment Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $410,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Stonehearth Capital Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 0.8% in the fourth quarter. Stonehearth Capital Management LLC now owns 470,497 shares of the company’s stock worth $23,586,000 after purchasing an additional 3,866 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of JPMorgan Ultra-Short Income ETF by 8.5% in the 4th quarter. The Manufacturers Life Insurance Company now owns 10,200 shares of the company’s stock worth $511,000 after purchasing an additional 800 shares in the last quarter. Baird Financial Group Inc. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 21.8% in the 4th quarter. Baird Financial Group Inc. now owns 56,881 shares of the company’s stock worth $2,851,000 after purchasing an additional 10,181 shares in the last quarter. Brown Advisory Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $2,806,000. Finally, Advisors Asset Management Inc. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 119.6% in the 4th quarter. Advisors Asset Management Inc. now owns 2,585 shares of the company’s stock worth $130,000 after purchasing an additional 1,408 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST traded down $0.01 during mid-day trading on Thursday, reaching $50.45. The company had a trading volume of 1,558,042 shares, compared to its average volume of 3,628,969. The firm has a 50-day moving average price of $50.36 and a 200 day moving average price of $50.25. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.93 and a 52 week high of $50.51.

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.