Bartlett & CO. Wealth Management LLC Cuts Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Bartlett & CO. Wealth Management LLC trimmed its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 85,123 shares of the company’s stock after selling 6,770 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,305,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Eastern Bank boosted its position in JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after buying an additional 250 shares during the period. Kennebec Savings Bank purchased a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at $27,000. Hershey Financial Advisers LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $30,000. Sugar Maple Asset Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $50,000. Finally, Whittier Trust Co. raised its position in JPMorgan Ultra-Short Income ETF by 29.5% in the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after purchasing an additional 295 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.51 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The stock has a 50-day simple moving average of $50.48 and a 200-day simple moving average of $50.52.

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.