JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Position Cut by Horan Capital Advisors LLC.

Horan Capital Advisors LLC. reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,846 shares of the company’s stock after selling 450 shares during the quarter. Horan Capital Advisors LLC.’s holdings in JPMorgan Ultra-Short Income ETF were worth $798,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of JPST. Mainstream Capital Management LLC increased its stake in JPMorgan Ultra-Short Income ETF by 77.5% in the 4th quarter. Mainstream Capital Management LLC now owns 480,531 shares of the company’s stock worth $24,204,000 after purchasing an additional 209,794 shares in the last quarter. Synergy Investment Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $50,000. Patten Group Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF by 17.0% in the 4th quarter. Patten Group Inc. now owns 72,330 shares of the company’s stock worth $3,643,000 after purchasing an additional 10,503 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 10.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 63,462 shares of the company’s stock worth $3,197,000 after purchasing an additional 5,872 shares during the last quarter. Finally, Detalus Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $716,000.

JPMorgan Ultra-Short Income ETF Trading Down 0.4 %

Shares of JPST stock opened at $50.48 on Tuesday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75. The stock has a 50 day moving average of $50.49 and a 200-day moving average of $50.53.

JPMorgan Ultra-Short Income ETF Company 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.