JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. decreased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 17.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,739,008 shares of the company’s stock after selling 368,482 shares during the quarter. Cambridge Investment Research Advisors Inc. owned approximately 0.35% of JPMorgan Ultra-Short Income ETF worth $87,194,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Adamsbrown Wealth Consultants LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $226,000. Birch Capital Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 32.8% in the 2nd quarter. Birch Capital Management LLC now owns 15,555 shares of the company’s stock worth $780,000 after buying an additional 3,838 shares in the last quarter. Royal Fund Management LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $10,035,000. FSM Wealth Advisors LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 5.1% during the 2nd quarter. FSM Wealth Advisors LLC now owns 128,208 shares of the company’s stock valued at $6,413,000 after purchasing an additional 6,221 shares in the last quarter. Finally, Pasadena Private Wealth LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 1.9% during the 2nd quarter. Pasadena Private Wealth LLC now owns 76,312 shares of the company’s stock valued at $3,826,000 after purchasing an additional 1,406 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST traded up $0.02 on Tuesday, reaching $50.13. 1,259,541 shares of the stock traded hands, compared to its average volume of 4,690,783. The firm’s fifty day simple moving average is $50.10 and its 200 day simple moving average is $50.16. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.93 and a 12 month high of $50.40.

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.