American Money Management LLC Decreases Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

American Money Management LLC trimmed its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 40.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,100 shares of the company’s stock after selling 6,910 shares during the quarter. American Money Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $509,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in JPST. Bank of Montreal Can lifted its stake in JPMorgan Ultra-Short Income ETF by 82.3% in the third quarter. Bank of Montreal Can now owns 205,551 shares of the company’s stock worth $10,430,000 after purchasing an additional 92,775 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 0.6% during the third quarter. Rockefeller Capital Management L.P. now owns 524,400 shares of the company’s stock valued at $26,608,000 after buying an additional 3,285 shares during the last quarter. Atlantic Union Bankshares Corp raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 14.8% in the third quarter. Atlantic Union Bankshares Corp now owns 61,491 shares of the company’s stock worth $3,120,000 after buying an additional 7,944 shares during the period. Captrust Financial Advisors lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 5.4% during the 3rd quarter. Captrust Financial Advisors now owns 725,852 shares of the company’s stock worth $36,830,000 after acquiring an additional 37,392 shares during the last quarter. Finally, Ironwood Investment Counsel LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 39.9% during the 3rd quarter. Ironwood Investment Counsel LLC now owns 88,781 shares of the company’s stock valued at $4,505,000 after acquiring an additional 25,319 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Up 0.1 %

JPST stock opened at $50.62 on Friday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75. The business’s fifty day simple moving average is $50.53 and its two-hundred day simple moving average is $50.52.

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.