LexAurum Advisors LLC Sells 53,676 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

LexAurum Advisors LLC cut its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 22.3% in the fourth quarter, HoldingsChannel reports. The fund owned 186,961 shares of the company’s stock after selling 53,676 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 1.9% of LexAurum Advisors LLC’s holdings, making the stock its 11th largest holding. LexAurum Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,417,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 26.2% in the third quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after purchasing an additional 15,245,816 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF by 0.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock valued at $690,096,000 after buying an additional 91,729 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.6% in the third quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock valued at $566,868,000 after purchasing an additional 789,054 shares during the period. HB Wealth Management LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 11.2% during the 4th quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock worth $416,590,000 after buying an additional 838,189 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock valued at $297,252,000 after purchasing an additional 103,192 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.51 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The business’s 50-day moving average is $50.48 and its two-hundred day moving average is $50.52.

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.