JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Stock Holdings Cut by Tiemann Investment Advisors LLC

Tiemann Investment Advisors LLC lowered its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 123,967 shares of the company’s stock after selling 5,171 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 2.8% of Tiemann Investment Advisors LLC’s portfolio, making the stock its 7th largest position. Tiemann Investment Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,244,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in JPST. New Wave Wealth Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth $25,000. Eastern Bank raised its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after purchasing an additional 250 shares during the period. Kennebec Savings Bank purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $27,000. Maryland Capital Advisors Inc. bought a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $31,000. Finally, Cullen Frost Bankers Inc. bought a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $33,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

Shares of JPST stock opened at $50.51 on Monday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.75. The firm’s 50-day simple moving average is $50.49 and its two-hundred day simple moving average is $50.52.

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.