Fmr LLC Trims Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Fmr LLC decreased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,227,625 shares of the company’s stock after selling 317,105 shares during the quarter. Fmr LLC owned about 3.12% of JPMorgan Ultra-Short Income ETF worth $721,910,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of JPST. LPL Financial LLC raised its position in JPMorgan Ultra-Short Income ETF by 13.5% in the 2nd quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock valued at $524,028,000 after purchasing an additional 1,235,482 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in JPMorgan Ultra-Short Income ETF by 22.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock valued at $292,016,000 after buying an additional 1,053,392 shares during the period. Spire Wealth Management increased its stake in JPMorgan Ultra-Short Income ETF by 207.5% in the 2nd quarter. Spire Wealth Management now owns 1,515,432 shares of the company’s stock valued at $76,484,000 after buying an additional 1,022,638 shares during the period. ACT Advisors LLC. acquired a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $32,356,000. Finally, Cetera Investment Advisers increased its stake in JPMorgan Ultra-Short Income ETF by 31.0% in the 2nd quarter. Cetera Investment Advisers now owns 2,345,160 shares of the company’s stock valued at $118,360,000 after buying an additional 554,564 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.56 on Friday. The company’s fifty day moving average is $50.54 and its two-hundred day moving average is $50.49. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.13 and a 1 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.