Good Life Advisors LLC Reduces Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Good Life Advisors LLC lowered its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 153,567 shares of the company’s stock after selling 10,176 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 0.8% of Good Life Advisors LLC’s holdings, making the stock its 28th biggest holding. Good Life Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,714,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Ameritas Investment Partners Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at $25,000. BluePath Capital Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $26,000. Coppell Advisory Solutions Corp. purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $32,000. Sunbelt Securities Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter valued at about $38,000. Finally, Industrial Alliance Investment Management Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $50,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST traded up $0.02 during mid-day trading on Wednesday, hitting $50.46. 3,548,329 shares of the company traded hands, compared to its average volume of 3,667,818. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.93 and a 52-week high of $50.51. The firm’s 50 day simple moving average is $50.36 and its 200 day simple moving average is $50.25.

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.