Sargent Investment Group LLC Lowers Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Sargent Investment Group LLC lowered its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 98,127 shares of the company’s stock after selling 15,506 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 1.1% of Sargent Investment Group LLC’s investment portfolio, making the stock its 23rd biggest position. Sargent Investment Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,929,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JPST. BluePath Capital Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at $26,000. Mendota Financial Group LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $34,000. GPS Wealth Strategies Group LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 65.5% in the third quarter. GPS Wealth Strategies Group LLC now owns 998 shares of the company’s stock valued at $50,000 after buying an additional 395 shares during the last quarter. Winch Advisory Services LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the third quarter valued at about $52,000. Finally, McClarren Financial Advisors Inc. bought a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $69,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

JPMorgan Ultra-Short Income ETF stock traded up $0.01 during midday trading on Friday, hitting $50.41. The stock had a trading volume of 3,330,310 shares, compared to its average volume of 3,825,731. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.93 and a 12 month high of $50.51. The business has a fifty day moving average price of $50.35 and a 200 day moving average price of $50.29.

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.