Sequoia Financial Advisors LLC Lowers Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Sequoia Financial Advisors LLC reduced its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 29,969 shares of the company’s stock after selling 4,057 shares during the period. Sequoia Financial Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,521,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Scott Capital Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 2.8% in the first quarter. Scott Capital Advisors LLC now owns 225,146 shares of the company’s stock valued at $11,327,000 after buying an additional 6,154 shares in the last quarter. Concourse Financial Group Securities Inc. lifted its position in JPMorgan Ultra-Short Income ETF by 16.0% in the first quarter. Concourse Financial Group Securities Inc. now owns 8,524 shares of the company’s stock valued at $430,000 after buying an additional 1,178 shares during the last quarter. Oppenheimer & Co. Inc. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 33.4% during the 1st quarter. Oppenheimer & Co. Inc. now owns 81,809 shares of the company’s stock worth $4,127,000 after purchasing an additional 20,492 shares during the period. Brookstone Capital Management grew its stake in shares of JPMorgan Ultra-Short Income ETF by 14.7% in the second quarter. Brookstone Capital Management now owns 26,243 shares of the company’s stock valued at $1,324,000 after buying an additional 3,354 shares in the last quarter. Finally, First Horizon Advisors Inc. grew its position in JPMorgan Ultra-Short Income ETF by 18.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 3,200 shares of the company’s stock valued at $162,000 after acquiring an additional 500 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

JPMorgan Ultra-Short Income ETF stock opened at $50.58 on Friday. The stock’s fifty day simple moving average is $50.59 and its 200-day simple moving average is $50.46. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.97 and a twelve 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.