Capital Investment Advisory Services LLC Decreases Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Capital Investment Advisory Services LLC lessened its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 391,722 shares of the company’s stock after selling 8,350 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 1.9% of Capital Investment Advisory Services LLC’s portfolio, making the stock its 5th largest holding. Capital Investment Advisory Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $19,731,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Bridgewater Advisors Inc. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.2% in the 4th quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock valued at $96,956,000 after purchasing an additional 193,580 shares in the last quarter. Whittier Trust Co. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 29.5% during the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock worth $66,000 after buying an additional 295 shares during the last quarter. Jaffetilchin Investment Partners LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 9.5% in the third quarter. Jaffetilchin Investment Partners LLC now owns 100,508 shares of the company’s stock valued at $5,100,000 after buying an additional 8,704 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its position in JPMorgan Ultra-Short Income ETF by 100.9% in the third quarter. Nations Financial Group Inc. IA ADV now owns 10,809 shares of the company’s stock valued at $548,000 after acquiring an additional 5,428 shares during the last quarter. Finally, Zega Financial LLC raised its stake in JPMorgan Ultra-Short Income ETF by 30.4% during the third quarter. Zega Financial LLC now owns 30,205 shares of the company’s stock worth $1,533,000 after acquiring an additional 7,047 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.57 on Thursday. The company’s 50 day moving average is $50.48 and its 200-day moving average is $50.52. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 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.