Diversify Advisory Services LLC Sells 4,321 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Diversify Advisory Services LLC trimmed its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,545 shares of the company’s stock after selling 4,321 shares during the quarter. Diversify Advisory Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,292,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Arvest Investments Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth about $75,000. KWB Wealth increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.1% in the 1st quarter. KWB Wealth now owns 7,556 shares of the company’s stock worth $381,000 after buying an additional 752 shares during the last quarter. Benchmark Financial Wealth Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter worth $353,000. J.W. Cole Advisors Inc. raised its position in shares of JPMorgan Ultra-Short Income ETF by 0.9% during the 1st quarter. J.W. Cole Advisors Inc. now owns 147,271 shares of the company’s stock valued at $7,430,000 after buying an additional 1,302 shares in the last quarter. Finally, Bridgewater Advisors Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.5% during the 1st quarter. Bridgewater Advisors Inc. now owns 1,561,759 shares of the company’s stock worth $78,791,000 after acquiring an additional 160,843 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.60 on Wednesday. The business’s fifty day simple moving average is $50.59 and its 200 day simple moving average is $50.47. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.97 and a 52 week high of $50.75.

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.