Crewe Advisors LLC Reduces Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Crewe Advisors LLC decreased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 16.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 144,441 shares of the company’s stock after selling 27,451 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 1.0% of Crewe Advisors LLC’s portfolio, making the stock its 21st largest holding. Crewe Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,275,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. New Wave Wealth Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth $25,000. Eastern Bank raised its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after purchasing an additional 250 shares in the last quarter. Kennebec Savings Bank bought a new stake in JPMorgan Ultra-Short Income ETF in the third quarter valued at about $27,000. Sound Income Strategies LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 82.2% during the 4th quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock worth $38,000 after buying an additional 338 shares during the period. Finally, Sugar Maple Asset Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $50,000.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.44 on Thursday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.75. The stock’s 50 day moving average price is $50.48 and its two-hundred day moving average price is $50.52.

JPMorgan Ultra-Short Income ETF 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.