Bryn Mawr Capital Management LLC Sells 410,601 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Bryn Mawr Capital Management LLC reduced its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 86.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 67,107 shares of the company’s stock after selling 410,601 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,380,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of JPST. Guardian Wealth Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 25.1% during the 4th quarter. Guardian Wealth Advisors LLC now owns 41,232 shares of the company’s stock worth $2,077,000 after acquiring an additional 8,276 shares during the last quarter. Essex LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 5.5% during the fourth quarter. Essex LLC now owns 230,834 shares of the company’s stock worth $11,627,000 after purchasing an additional 12,054 shares during the last quarter. Bridgewater Advisors Inc. lifted its stake in JPMorgan Ultra-Short Income ETF by 11.2% during the fourth quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock worth $96,956,000 after purchasing an additional 193,580 shares during the last quarter. Whittier Trust Co. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 29.5% in the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock worth $66,000 after purchasing an additional 295 shares in the last quarter. Finally, SMART Wealth LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 56.9% during the 4th quarter. SMART Wealth LLC now owns 76,777 shares of the company’s stock valued at $3,867,000 after purchasing an additional 27,837 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.52 on Friday. The stock’s 50-day moving average is $50.48 and its 200 day moving average is $50.52. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75.

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.