Continuum Advisory LLC Cuts Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Continuum Advisory LLC lowered its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,923 shares of the company’s stock after selling 2,688 shares during the period. Continuum Advisory LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,457,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 32.6% during the 4th quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock valued at $4,911,897,000 after acquiring an additional 23,971,471 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $173,884,000. Brooklyn FI LLC grew its stake in JPMorgan Ultra-Short Income ETF by 6,968.8% in the fourth quarter. Brooklyn FI LLC now owns 2,979,271 shares of the company’s stock worth $150,461,000 after purchasing an additional 2,937,124 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in JPMorgan Ultra-Short Income ETF by 118.2% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 3,781,153 shares of the company’s stock valued at $190,457,000 after purchasing an additional 2,048,587 shares during the last quarter. Finally, State of Tennessee Department of Treasury bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $91,006,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of JPST opened at $50.54 on Wednesday. The firm has a 50-day moving average price of $50.50 and a 200 day moving average price of $50.49. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.25 and a 52-week 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.