Intelligence Driven Advisers LLC Sells 3,823 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Intelligence Driven Advisers LLC cut its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 18.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,213 shares of the company’s stock after selling 3,823 shares during the quarter. Intelligence Driven Advisers LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $869,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. BluePath Capital Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $26,000. Mine & Arao Wealth Creation & Management LLC. purchased a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $30,000. Mendota Financial Group LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $34,000. GPS Wealth Strategies Group LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 65.5% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 998 shares of the company’s stock worth $50,000 after purchasing an additional 395 shares during the period. Finally, Winch Advisory Services LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth $52,000.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST traded up $0.03 on Thursday, reaching $50.25. 3,853,371 shares of the company’s stock traded hands, compared to its average volume of 3,889,021. The stock has a 50-day simple moving average of $50.35 and a 200-day simple moving average of $50.29. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.93 and a 12 month high of $50.51.

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.