Avantax Advisory Services Inc. Has $35.23 Million Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Avantax Advisory Services Inc. trimmed its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.3% during the fourth quarter, HoldingsChannel reports. The fund owned 699,332 shares of the company’s stock after selling 8,906 shares during the period. Avantax Advisory Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $35,225,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in JPST. Kennebec Savings Bank acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth about $27,000. Patten & Patten Inc. TN boosted its position in JPMorgan Ultra-Short Income ETF by 63.9% during the 3rd quarter. Patten & Patten Inc. TN now owns 14,751 shares of the company’s stock worth $748,000 after acquiring an additional 5,750 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its stake in shares of JPMorgan Ultra-Short Income ETF by 100.9% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 10,809 shares of the company’s stock worth $548,000 after acquiring an additional 5,428 shares in the last quarter. WealthPLAN Partners LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 8.3% in the third quarter. WealthPLAN Partners LLC now owns 6,554 shares of the company’s stock valued at $333,000 after purchasing an additional 500 shares during the last quarter. Finally, Verus Capital Partners LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 37.6% in the third quarter. Verus Capital Partners LLC now owns 7,347 shares of the company’s stock worth $373,000 after purchasing an additional 2,006 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.52 on Wednesday. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75. The firm has a 50-day moving average of $50.49 and a 200-day moving average of $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.