Thrivent Financial for Lutherans Sells 130,934 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Thrivent Financial for Lutherans decreased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 32.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 278,484 shares of the company’s stock after selling 130,934 shares during the period. Thrivent Financial for Lutherans’ holdings in JPMorgan Ultra-Short Income ETF were worth $14,130,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in JPST. Ceera Investments LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at about $1,289,000. Spinnaker Investment Group LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $297,000. Vawter Financial Ltd. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 3.1% during the 3rd quarter. Vawter Financial Ltd. now owns 47,515 shares of the company’s stock valued at $2,411,000 after acquiring an additional 1,432 shares during the period. Simplify Asset Management Inc. bought a new position in JPMorgan Ultra-Short Income ETF during the third quarter worth $25,044,000. Finally, Valley Wealth Managers Inc. grew its holdings in JPMorgan Ultra-Short Income ETF by 18.3% in the third quarter. Valley Wealth Managers Inc. now owns 282,000 shares of the company’s stock worth $14,309,000 after purchasing an additional 43,639 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.52 on Thursday. JPMorgan Ultra-Short Income ETF has a one year low of $50.13 and a one year high of $50.75. The stock has a 50-day moving average of $50.55 and a 200-day moving average of $50.48.

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.