Financial Security Advisor Inc. Has $12.80 Million Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Financial Security Advisor Inc. trimmed its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 252,980 shares of the company’s stock after selling 16,322 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 3.3% of Financial Security Advisor Inc.’s holdings, making the stock its 8th largest holding. Financial Security Advisor Inc. owned 0.06% of JPMorgan Ultra-Short Income ETF worth $12,795,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in JPST. Verus Capital Partners LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 14.9% in the 4th quarter. Verus Capital Partners LLC now owns 8,444 shares of the company’s stock valued at $425,000 after purchasing an additional 1,097 shares in the last quarter. Sage Advisory Services Ltd.Co. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 2.4% during the 4th quarter. Sage Advisory Services Ltd.Co. now owns 187,151 shares of the company’s stock worth $9,427,000 after buying an additional 4,401 shares during the last quarter. Linscomb Wealth Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 3.1% in the fourth quarter. Linscomb Wealth Inc. now owns 8,026 shares of the company’s stock valued at $404,000 after buying an additional 241 shares in the last quarter. Brueske Advisory Services LLC bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $784,000. Finally, Heritage Oak Wealth Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $19,855,000.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.60 on Friday. The firm has a 50-day moving average price of $50.49 and a 200-day moving average price of $50.53. 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 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.