JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets reduced its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 79.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 160,555 shares of the company’s stock after selling 623,855 shares during the period. BNP Paribas Financial Markets’ holdings in JPMorgan Ultra-Short Income ETF were worth $8,087,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. HUB Investment Partners LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 41.5% in the 4th quarter. HUB Investment Partners LLC now owns 40,210 shares of the company’s stock valued at $2,025,000 after acquiring an additional 11,794 shares during the period. Guardian Wealth Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 25.1% in the 4th quarter. Guardian Wealth Advisors LLC now owns 41,232 shares of the company’s stock valued at $2,077,000 after acquiring an additional 8,276 shares during the period. Essex LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 5.5% in the 4th quarter. Essex LLC now owns 230,834 shares of the company’s stock valued at $11,627,000 after acquiring an additional 12,054 shares during the period. Delta Financial Group Inc. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 265.1% in the 4th quarter. Delta Financial Group Inc. now owns 88,683 shares of the company’s stock valued at $4,467,000 after acquiring an additional 64,393 shares during the period. Finally, Bridgewater Advisors Inc. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.2% in the fourth quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock valued at $96,956,000 after purchasing an additional 193,580 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.46 on Monday. The company has a 50 day moving average price of $50.51 and a 200 day moving average price of $50.50. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.25 and a fifty-two week 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.