JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Gray Wealth Management Inc.

Gray Wealth Management Inc. decreased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 18.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,094 shares of the company’s stock after selling 7,991 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 0.9% of Gray Wealth Management Inc.’s holdings, making the stock its 26th biggest holding. Gray Wealth Management Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,813,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JPST. Stonehearth Capital Management LLC raised its position in JPMorgan Ultra-Short Income ETF by 0.8% in the fourth quarter. Stonehearth Capital Management LLC now owns 470,497 shares of the company’s stock worth $23,586,000 after acquiring an additional 3,866 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in JPMorgan Ultra-Short Income ETF by 8.5% during the fourth quarter. The Manufacturers Life Insurance Company now owns 10,200 shares of the company’s stock valued at $511,000 after purchasing an additional 800 shares in the last quarter. Baird Financial Group Inc. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 21.8% in the fourth quarter. Baird Financial Group Inc. now owns 56,881 shares of the company’s stock worth $2,851,000 after acquiring an additional 10,181 shares during the last quarter. Brown Advisory Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $2,806,000. Finally, Advisors Asset Management Inc. lifted its stake in JPMorgan Ultra-Short Income ETF by 119.6% in the fourth quarter. Advisors Asset Management Inc. now owns 2,585 shares of the company’s stock valued at $130,000 after acquiring an additional 1,408 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST remained flat at $50.34 during trading on Thursday. 3,835,681 shares of the stock were exchanged, compared to its average volume of 3,821,090. The firm’s 50 day moving average is $50.34 and its two-hundred day moving average is $50.27. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.93 and a 12 month high of $50.51.

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.