Houlihan Financial Resource Group Ltd. Sells 11,954 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Houlihan Financial Resource Group Ltd. reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 203,998 shares of the company’s stock after selling 11,954 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 4.3% of Houlihan Financial Resource Group Ltd.’s investment portfolio, making the stock its 3rd biggest holding. Houlihan Financial Resource Group Ltd.’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,351,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Whittier Trust Co. lifted its stake in JPMorgan Ultra-Short Income ETF by 29.5% during the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after acquiring an additional 295 shares during the period. Brookstone Capital Management boosted its holdings in JPMorgan Ultra-Short Income ETF by 14.7% in the second quarter. Brookstone Capital Management now owns 26,243 shares of the company’s stock valued at $1,324,000 after purchasing an additional 3,354 shares during the last quarter. First Horizon Advisors Inc. grew its position in JPMorgan Ultra-Short Income ETF by 18.5% during the 2nd quarter. First Horizon Advisors Inc. now owns 3,200 shares of the company’s stock worth $162,000 after purchasing an additional 500 shares during the period. GYL Financial Synergies LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 14.1% during the 2nd quarter. GYL Financial Synergies LLC now owns 6,360 shares of the company’s stock valued at $321,000 after buying an additional 785 shares during the last quarter. Finally, Private Client Services LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $280,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.45 on Friday. The stock’s 50-day moving average price is $50.56 and its 200-day moving average price is $50.48. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.08 and a 52 week 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.