JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Verum Partners LLC

Verum Partners LLC lessened its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 358,183 shares of the company’s stock after selling 3,690 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 7.1% of Verum Partners LLC’s holdings, making the stock its 2nd largest holding. Verum Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $17,992,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ameritas Investment Partners Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $25,000. BluePath Capital Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $26,000. Coppell Advisory Solutions Corp. purchased a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $32,000. Sunbelt Securities Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF in the 1st quarter valued at about $38,000. Finally, GPS Wealth Strategies Group LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 65.5% in the 3rd 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 period.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

JPST traded up $0.02 during midday trading on Wednesday, hitting $50.46. The company’s stock had a trading volume of 3,550,063 shares, compared to its average volume of 3,667,818. The firm has a 50-day moving average price of $50.36 and a two-hundred day moving average price of $50.25. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.93 and a 52-week 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.