Financial Advocates Investment Management Sells 2,419 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Financial Advocates Investment Management lowered its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 48,845 shares of the company’s stock after selling 2,419 shares during the quarter. Financial Advocates Investment Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,478,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of JPST. SteelPeak Wealth LLC grew its stake in JPMorgan Ultra-Short Income ETF by 6.9% during the third quarter. SteelPeak Wealth LLC now owns 6,134 shares of the company’s stock valued at $311,000 after acquiring an additional 394 shares in the last quarter. Diversify Wealth Management LLC grew its stake in JPMorgan Ultra-Short Income ETF by 93.5% during the third quarter. Diversify Wealth Management LLC now owns 199,796 shares of the company’s stock valued at $10,104,000 after acquiring an additional 96,533 shares in the last quarter. Pinnacle Associates Ltd. grew its stake in JPMorgan Ultra-Short Income ETF by 87.9% during the third quarter. Pinnacle Associates Ltd. now owns 8,098 shares of the company’s stock valued at $407,000 after acquiring an additional 3,788 shares in the last quarter. Highline Wealth Partners LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $23,738,000. Finally, GSB Wealth Management LLC grew its stake in JPMorgan Ultra-Short Income ETF by 7.2% during the third quarter. GSB Wealth Management LLC now owns 81,182 shares of the company’s stock valued at $4,119,000 after acquiring an additional 5,418 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

Shares of NYSEARCA:JPST opened at $50.59 on Friday. The company has a 50 day moving average of $50.59 and a 200 day moving average of $50.47. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.97 and a 12 month 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.