Birch Capital Management LLC Sells 16,756 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Birch Capital Management LLC lessened its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 44.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,770 shares of the company’s stock after selling 16,756 shares during the period. Birch Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,046,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Hayek Kallen Investment Management raised its holdings in JPMorgan Ultra-Short Income ETF by 0.3% in the 3rd quarter. Hayek Kallen Investment Management now owns 76,493 shares of the company’s stock worth $3,881,000 after acquiring an additional 219 shares during the last quarter. Aspen Wealth Strategies LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 1.0% during the third quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock valued at $1,372,000 after buying an additional 261 shares during the last quarter. Edgestream Partners L.P. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 0.6% during the third quarter. Edgestream Partners L.P. now owns 47,521 shares of the company’s stock valued at $2,411,000 after buying an additional 262 shares during the last quarter. Eagle Bluffs Wealth Management LLC raised its position in JPMorgan Ultra-Short Income ETF by 0.6% in the 3rd quarter. Eagle Bluffs Wealth Management LLC now owns 51,672 shares of the company’s stock worth $2,622,000 after buying an additional 293 shares during the last quarter. Finally, Private Trust Co. NA lifted its stake in JPMorgan Ultra-Short Income ETF by 1.4% during the 3rd quarter. Private Trust Co. NA now owns 21,106 shares of the company’s stock valued at $1,071,000 after acquiring an additional 294 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST remained flat at $50.42 during midday trading on Tuesday. 2,644,250 shares of the stock traded hands, compared to its average volume of 6,225,251. The company has a 50-day moving average price of $50.48 and a two-hundred day moving average price of $50.51. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75.

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.