SVB Wealth LLC Sells 1,093,207 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

SVB Wealth LLC lessened its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 59.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 734,087 shares of the company’s stock after selling 1,093,207 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 0.9% of SVB Wealth LLC’s portfolio, making the stock its 19th largest position. SVB Wealth LLC owned about 0.16% of JPMorgan Ultra-Short Income ETF worth $36,873,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of JPST. Donaldson Capital Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 37.7% in the 4th quarter. Donaldson Capital Management LLC now owns 308,931 shares of the company’s stock worth $15,518,000 after buying an additional 84,572 shares during the last quarter. Flputnam Investment Management Co. purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $277,000. Dakota Wealth Management boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 3.4% in the 4th quarter. Dakota Wealth Management now owns 227,336 shares of the company’s stock worth $11,419,000 after buying an additional 7,393 shares during the last quarter. MBM Wealth Consultants LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 17.8% in the 4th quarter. MBM Wealth Consultants LLC now owns 227,306 shares of the company’s stock worth $11,470,000 after buying an additional 34,330 shares during the last quarter. Finally, Waldron Private Wealth LLC raised its stake in JPMorgan Ultra-Short Income ETF by 4.4% in the 4th quarter. Waldron Private Wealth LLC now owns 34,093 shares of the company’s stock valued at $1,720,000 after acquiring an additional 1,427 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

JPMorgan Ultra-Short Income ETF stock traded up $0.01 during midday trading on Monday, reaching $50.31. The stock had a trading volume of 5,382,674 shares, compared to its average volume of 3,775,034. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.93 and a 12 month high of $50.51. The firm’s 50-day moving average price is $50.34 and its 200 day moving average price is $50.27.

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.