Stewardship Advisors LLC Has $7.79 Million Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Stewardship Advisors LLC lessened its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 154,696 shares of the company’s stock after selling 27,099 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 2.2% of Stewardship Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. Stewardship Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,792,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Eastern Bank lifted its position in 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 buying an additional 250 shares in the last quarter. Kennebec Savings Bank acquired a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $27,000. Hershey Financial Advisers LLC bought a new position in JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $30,000. Sound Income Strategies LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 82.2% during the 4th quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock worth $38,000 after purchasing an additional 338 shares during the last quarter. Finally, Sugar Maple Asset Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $50,000.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.53 on Friday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75. The firm has a fifty day simple moving average of $50.48 and a 200 day simple moving average of $50.52.

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.