Financial Management Professionals Inc. Sells 141,023 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Financial Management Professionals Inc. lessened its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 23.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 471,524 shares of the company’s stock after selling 141,023 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 3.0% of Financial Management Professionals Inc.’s portfolio, making the stock its 10th largest holding. Financial Management Professionals Inc. owned 0.10% of JPMorgan Ultra-Short Income ETF worth $23,751,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JPST. Hayek Kallen Investment Management boosted its position in shares of JPMorgan Ultra-Short Income ETF by 0.3% in the third quarter. Hayek Kallen Investment Management now owns 76,493 shares of the company’s stock valued at $3,881,000 after acquiring an additional 219 shares during the period. Eastern Bank boosted its position in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after acquiring an additional 250 shares during the period. Aspen Wealth Strategies LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 1.0% in the third quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock valued at $1,372,000 after acquiring an additional 261 shares during the period. Edgestream Partners L.P. lifted its position in JPMorgan Ultra-Short Income ETF by 0.6% in the third quarter. Edgestream Partners L.P. now owns 47,521 shares of the company’s stock worth $2,411,000 after purchasing an additional 262 shares during the period. Finally, Unique Wealth LLC lifted its position in JPMorgan Ultra-Short Income ETF by 1.4% in the fourth quarter. Unique Wealth LLC now owns 18,979 shares of the company’s stock worth $956,000 after purchasing an additional 262 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

Shares of JPST stock opened at $50.49 on Friday. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75. The stock has a fifty day moving average price of $50.48 and a 200 day moving average price of $50.51.

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.