JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by McAdam LLC

McAdam LLC trimmed its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 53.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,243 shares of the company’s stock after selling 8,396 shares during the quarter. McAdam LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $368,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Transform Wealth LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 1.9% during the second quarter. Transform Wealth LLC now owns 10,917 shares of the company’s stock worth $551,000 after acquiring an additional 200 shares during the period. InTrack Investment Management Inc increased its stake in shares of JPMorgan Ultra-Short Income ETF by 2.4% during the second quarter. InTrack Investment Management Inc now owns 8,992 shares of the company’s stock worth $454,000 after acquiring an additional 209 shares during the period. Etesian Wealth Advisors Inc. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 3.4% during the second quarter. Etesian Wealth Advisors Inc. now owns 6,387 shares of the company’s stock worth $322,000 after acquiring an additional 213 shares during the period. Hayek Kallen Investment Management increased its stake in shares of JPMorgan Ultra-Short Income ETF by 0.3% during the third quarter. Hayek Kallen Investment Management now owns 76,493 shares of the company’s stock worth $3,881,000 after acquiring an additional 219 shares during the period. Finally, Kathleen S. Wright Associates Inc. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 2.5% during the first quarter. Kathleen S. Wright Associates Inc. now owns 9,307 shares of the company’s stock worth $470,000 after acquiring an additional 226 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.58 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.97 and a 52-week high of $50.75. The company’s 50-day simple moving average is $50.59 and its 200-day simple moving average is $50.46.

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.