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

Harbor Investment Advisory LLC lowered its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.3% during the first quarter, HoldingsChannel.com reports. The firm owned 2,739 shares of the company’s stock after selling 419 shares during the period. Harbor Investment Advisory LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $138,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Lloyd Advisory Services LLC. acquired a new stake in JPMorgan Ultra-Short Income ETF during the 1st quarter worth approximately $579,000. AdvisorNet Financial Inc increased its position in shares of JPMorgan Ultra-Short Income ETF by 55.0% in the first quarter. AdvisorNet Financial Inc now owns 195,685 shares of the company’s stock worth $9,872,000 after acquiring an additional 69,416 shares in the last quarter. Market Street Wealth Management Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 185.4% in the 1st quarter. Market Street Wealth Management Advisors LLC now owns 43,002 shares of the company’s stock valued at $2,169,000 after acquiring an additional 27,935 shares during the period. Birch Capital Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 289.2% during the 1st quarter. Birch Capital Management LLC now owns 48,434 shares of the company’s stock valued at $2,443,000 after acquiring an additional 35,988 shares in the last quarter. Finally, Salem Investment Counselors Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 4.5% during the 1st quarter. Salem Investment Counselors Inc. now owns 51,682 shares of the company’s stock worth $2,607,000 after purchasing an additional 2,236 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

Shares of NYSEARCA JPST opened at $50.45 on Tuesday. The stock has a fifty day moving average price of $50.37 and a 200 day moving average price of $50.35. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.93 and a 12-month high of $50.51.

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.