Sterling Investment Advisors Ltd. Has $662,000 Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Sterling Investment Advisors Ltd. reduced its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.1% in the third quarter, HoldingsChannel.com reports. The fund owned 13,050 shares of the company’s stock after selling 1,965 shares during the quarter. Sterling Investment Advisors Ltd.’s holdings in JPMorgan Ultra-Short Income ETF were worth $662,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $25,000. LRI Investments LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 1st quarter worth about $30,000. Hershey Financial Advisers LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $30,000. Triad Wealth Partners LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $32,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of 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 worth $37,000 after purchasing an additional 542 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock traded up $0.01 on Friday, reaching $50.58. 4,484,126 shares of the company were exchanged, compared to its average volume of 3,959,914. The company has a 50-day moving average of $50.59 and a 200-day moving average of $50.47. JPMorgan Ultra-Short Income ETF has a one year low of $49.97 and a one year 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.