JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT cut its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 222,193 shares of the company’s stock after selling 1,066 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 3.7% of Alliance Wealth Advisors LLC UT’s portfolio, making the stock its 2nd largest position. Alliance Wealth Advisors LLC UT’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,161,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BluePath Capital Management LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at approximately $26,000. Mendota Financial Group LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $34,000. GPS Wealth Strategies Group LLC raised its position in JPMorgan Ultra-Short Income ETF by 65.5% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 998 shares of the company’s stock valued at $50,000 after buying an additional 395 shares during the last quarter. Winch Advisory Services LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at approximately $52,000. Finally, McClarren Financial Advisors Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $69,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

JPMorgan Ultra-Short Income ETF stock traded up $0.01 during midday trading on Friday, reaching $50.41. The stock had a trading volume of 3,330,310 shares, compared to its average volume of 3,825,731. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.93 and a 1-year high of $50.51. The firm’s fifty day simple moving average is $50.35 and its 200-day simple moving average is $50.28.

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.