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

Fmr LLC cut its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.2% during the third quarter, HoldingsChannel.com reports. The firm owned 14,227,625 shares of the company’s stock after selling 317,105 shares during the period. Fmr LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $721,910,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in JPST. LPL Financial LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 13.5% during the 2nd quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock worth $524,028,000 after purchasing an additional 1,235,482 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 22.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock worth $292,016,000 after purchasing an additional 1,053,392 shares during the period. Spire Wealth Management grew its stake in shares of JPMorgan Ultra-Short Income ETF by 207.5% during the 2nd quarter. Spire Wealth Management now owns 1,515,432 shares of the company’s stock worth $76,484,000 after purchasing an additional 1,022,638 shares during the period. ACT Advisors LLC. acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $32,356,000. Finally, Cetera Investment Advisers grew its stake in shares of JPMorgan Ultra-Short Income ETF by 31.0% during the 2nd quarter. Cetera Investment Advisers now owns 2,345,160 shares of the company’s stock worth $118,360,000 after purchasing an additional 554,564 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Up 0.1 %

JPMorgan Ultra-Short Income ETF stock opened at $50.56 on Friday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.13 and a 52 week high of $50.75. The firm’s 50-day simple moving average is $50.54 and its 200 day simple moving average is $50.49.

About JPMorgan Ultra-Short Income ETF

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.