Castleview Partners LLC Reduces Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Castleview Partners LLC cut its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 42,970 shares of the company’s stock after selling 5,492 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 1.5% of Castleview Partners LLC’s holdings, making the stock its 10th biggest holding. Castleview Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,176,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Cottage Street Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter valued at approximately $600,000. Evanson Asset Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 9.5% during the first quarter. Evanson Asset Management LLC now owns 10,951 shares of the company’s stock valued at $554,000 after purchasing an additional 951 shares in the last quarter. Cornerstone Management Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 2.2% during the first quarter. Cornerstone Management Inc. now owns 1,651,264 shares of the company’s stock valued at $83,603,000 after purchasing an additional 36,293 shares in the last quarter. Private Wealth Partners LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter valued at approximately $316,000. Finally, Advisor Resource Council bought a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter valued at approximately $4,915,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

NYSEARCA JPST opened at $50.57 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.25 and a 52-week high of $50.75. The firm’s 50 day moving average price is $50.51 and its 200-day moving average price is $50.50.

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.