JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Stake Cut by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC lessened its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 45,555 shares of the company’s stock after selling 2,098 shares during the period. Gladstone Institutional Advisory LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,311,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Creative Financial Designs Inc. ADV boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.4% during the third quarter. Creative Financial Designs Inc. ADV now owns 89,802 shares of the company’s stock worth $4,557,000 after purchasing an additional 6,197 shares during the period. Focus Financial Network Inc. lifted its position in JPMorgan Ultra-Short Income ETF by 280.6% in the 3rd quarter. Focus Financial Network Inc. now owns 100,082 shares of the company’s stock worth $5,078,000 after buying an additional 73,788 shares in the last quarter. Principal Securities Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 6.5% during the 3rd quarter. Principal Securities Inc. now owns 62,328 shares of the company’s stock valued at $3,163,000 after buying an additional 3,819 shares during the period. Summit Wealth Partners LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.2% during the 3rd quarter. Summit Wealth Partners LLC now owns 360,529 shares of the company’s stock valued at $18,293,000 after acquiring an additional 7,703 shares in the last quarter. Finally, Aspen Wealth Strategies LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 1.0% in the third quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock worth $1,372,000 after acquiring an additional 261 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.38 on Friday. The stock has a fifty day moving average price of $50.59 and a 200 day moving average price of $50.47. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.02 and a 1 year high of $50.75.

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.