Authentikos Wealth Advisory LLC Sells 8,952 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Authentikos Wealth Advisory LLC reduced its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 50.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 8,926 shares of the company’s stock after selling 8,952 shares during the quarter. Authentikos Wealth Advisory LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $450,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. New Wave Wealth Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter worth $25,000. Eastern Bank raised its holdings 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 purchasing an additional 250 shares in the last quarter. Kennebec Savings Bank purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $27,000. Sound Income Strategies LLC boosted its stake 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 valued at $38,000 after purchasing an additional 338 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $49,000.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.45 on Wednesday. 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 50-day moving average of $50.48 and a 200 day moving average of $50.52.

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.