Avestar Capital LLC Sells 33,036 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Avestar Capital LLC cut its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 253,662 shares of the company’s stock after selling 33,036 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 1.1% of Avestar Capital LLC’s investment portfolio, making the stock its 16th largest position. Avestar Capital LLC owned 0.06% of JPMorgan Ultra-Short Income ETF worth $12,832,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in JPST. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 26.2% in the third quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock worth $3,731,666,000 after purchasing an additional 15,245,816 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in 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 acquiring an additional 1,053,392 shares in the last quarter. Temasek Holdings Private Ltd bought a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth about $50,075,000. West Oak Capital LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 2,619.5% during the 4th quarter. West Oak Capital LLC now owns 918,881 shares of the company’s stock worth $46,284,000 after acquiring an additional 885,093 shares in the last quarter. Finally, HB Wealth Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 11.2% during the 4th quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock worth $416,590,000 after acquiring an additional 838,189 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Trading Down 0.0 %

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.43 on Thursday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The firm’s 50-day moving average is $50.48 and its two-hundred day moving average is $50.52.

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.