Oxbow Advisors LLC Reduces Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Oxbow Advisors LLC lessened its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 75.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 31,667 shares of the company’s stock after selling 96,646 shares during the quarter. Oxbow Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,595,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. New Wave Wealth Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $25,000. Eastern Bank lifted its stake in JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after acquiring an additional 250 shares during the period. Kennebec Savings Bank purchased a new stake in JPMorgan Ultra-Short Income ETF in the third quarter worth $27,000. Maryland Capital Advisors Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter worth $31,000. Finally, Bogart Wealth LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 7,744.4% in the fourth quarter. Bogart Wealth LLC now owns 706 shares of the company’s stock worth $36,000 after acquiring an additional 697 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

Shares of JPST stock opened at $50.56 on Friday. The stock has a fifty day moving average of $50.48 and a 200 day moving average of $50.52. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.75.

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.