JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Parsons Capital Management Inc. RI

Parsons Capital Management Inc. RI lessened its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.9% in the 1st quarter, HoldingsChannel reports. The fund owned 15,063 shares of the company’s stock after selling 940 shares during the period. Parsons Capital Management Inc. RI’s holdings in JPMorgan Ultra-Short Income ETF were worth $760,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. raised its stake in JPMorgan Ultra-Short Income ETF by 39.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,993,049 shares of the company’s stock worth $902,891,000 after acquiring an additional 5,127,429 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 29.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 13,457,071 shares of the company’s stock worth $675,949,000 after purchasing an additional 3,081,352 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $93,574,000. Wealth Enhancement Advisory Services LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 37.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock worth $243,837,000 after purchasing an additional 1,317,710 shares in the last quarter. Finally, Sollinda Capital Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $40,809,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

NYSEARCA:JPST traded up $0.01 during mid-day trading on Friday, reaching $50.41. 3,330,310 shares of the stock were exchanged, 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 company has a 50 day simple moving average of $50.35 and a 200-day simple moving average of $50.29.

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.