JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Paladin Advisory Group LLC

Paladin Advisory Group LLC reduced its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 85,967 shares of the company’s stock after selling 1,730 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 3.6% of Paladin Advisory Group LLC’s investment portfolio, making the stock its 4th biggest position. Paladin Advisory Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,318,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JPST. Krilogy Financial LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 6.5% during the 4th quarter. Krilogy Financial LLC now owns 198,817 shares of the company’s stock worth $9,987,000 after buying an additional 12,213 shares during the period. WNY Asset Management LLC increased its stake in JPMorgan Ultra-Short Income ETF by 460.6% in the third quarter. WNY Asset Management LLC now owns 110,265 shares of the company’s stock valued at $5,533,000 after purchasing an additional 90,596 shares in the last quarter. Redmont Wealth Advisors LLC increased its stake in JPMorgan Ultra-Short Income ETF by 2.3% in the fourth quarter. Redmont Wealth Advisors LLC now owns 22,363 shares of the company’s stock valued at $1,123,000 after purchasing an additional 493 shares in the last quarter. Buck Wealth Strategies LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 4.1% in the fourth quarter. Buck Wealth Strategies LLC now owns 66,202 shares of the company’s stock worth $3,325,000 after purchasing an additional 2,587 shares during the period. Finally, BLB&B Advisors LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 2.7% during the fourth quarter. BLB&B Advisors LLC now owns 20,543 shares of the company’s stock worth $1,032,000 after purchasing an additional 533 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST remained flat at $50.35 during trading hours on Friday. 2,937,330 shares of the company were exchanged, compared to its average volume of 3,810,098. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.93 and a 1-year high of $50.51. The company’s 50 day moving average is $50.34 and its 200-day moving average is $50.27.

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.