First Hawaiian Bank Sells 1,527 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

First Hawaiian Bank lessened its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.7% during the first quarter, HoldingsChannel.com reports. The fund owned 55,342 shares of the company’s stock after selling 1,527 shares during the period. First Hawaiian Bank’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,802,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JPST. New Wave Wealth Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $25,000. Howe & Rusling Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $26,000. Logan Capital Management Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $27,000. Maryland Capital Advisors Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $31,000. Finally, Cyrus J. Lawrence LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $31,000.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.60 on Friday. The business’s 50-day moving average price is $50.50 and its 200-day moving average price is $50.50. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.25 and a 12 month high of $50.75.

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.