Signature Estate & Investment Advisors LLC Cuts Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Signature Estate & Investment Advisors LLC lessened its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 16.3% during the third quarter, Holdings Channel.com reports. The firm owned 14,386 shares of the company’s stock after selling 2,796 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $730,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of JPST. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $25,000. Kennebec Savings Bank purchased a new stake in JPMorgan Ultra-Short Income ETF in the third quarter worth approximately $27,000. LRI Investments LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the first quarter worth approximately $30,000. Hershey Financial Advisers LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the second quarter worth approximately $30,000. Finally, Triad Wealth Partners LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the second quarter worth approximately $32,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

JPST opened at $50.48 on Friday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.13 and a 1-year high of $50.75. The firm’s 50 day simple moving average is $50.56 and its two-hundred day simple moving average is $50.48.

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.