Pinion Investment Advisors LLC Sells 1,154 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Pinion Investment Advisors LLC decreased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,051 shares of the company’s stock after selling 1,154 shares during the quarter. Pinion Investment Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $808,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Moloney Securities Asset Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.6% in the 4th quarter. Moloney Securities Asset Management LLC now owns 14,662 shares of the company’s stock worth $739,000 after purchasing an additional 224 shares in the last quarter. Linscomb Wealth Inc. increased its holdings in JPMorgan Ultra-Short Income ETF by 3.1% in the 4th quarter. Linscomb Wealth Inc. now owns 8,026 shares of the company’s stock worth $404,000 after buying an additional 241 shares in the last quarter. Eastern Bank raised its position in JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after buying an additional 250 shares during the last quarter. SteelPeak Wealth LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 4.2% during the 4th quarter. SteelPeak Wealth LLC now owns 6,394 shares of the company’s stock valued at $323,000 after acquiring an additional 260 shares during the period. Finally, Edgestream Partners L.P. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.6% during the 3rd quarter. Edgestream Partners L.P. now owns 47,521 shares of the company’s stock valued at $2,411,000 after acquiring an additional 262 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Down 0.4 %

NYSEARCA:JPST opened at $50.48 on Tuesday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75. The company has a 50 day simple moving average of $50.49 and a two-hundred day simple moving average of $50.53.

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.