Thompson Davis & CO. Inc. Reduces Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Thompson Davis & CO. Inc. lowered its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 7,222 shares of the company’s stock after selling 1,058 shares during the period. Thompson Davis & CO. Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $363,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. BluePath Capital Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at $26,000. Mendota Financial Group LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $34,000. GPS Wealth Strategies Group LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 65.5% during the third quarter. GPS Wealth Strategies Group LLC now owns 998 shares of the company’s stock valued at $50,000 after acquiring an additional 395 shares during the last quarter. Winch Advisory Services LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at $52,000. Finally, McClarren Financial Advisors Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $69,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

Shares of JPST traded up $0.01 during trading hours on Tuesday, reaching $50.44. 4,427,504 shares of the company traded hands, compared to its average volume of 3,861,702. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $49.93 and a fifty-two week high of $50.51. The stock has a fifty day simple moving average of $50.35 and a 200 day simple moving average of $50.29.

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.