Signaturefd LLC Decreases Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Signaturefd LLC cut its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,208,043 shares of the company’s stock after selling 168,701 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 1.2% of Signaturefd LLC’s holdings, making the stock its 16th largest holding. Signaturefd LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $60,849,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Curi RMB Capital LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 14.3% in the third quarter. Curi RMB Capital LLC now owns 5,161 shares of the company’s stock valued at $262,000 after purchasing an additional 647 shares during the period. Spinnaker Investment Group LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $297,000. Ceera Investments LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the third quarter worth approximately $1,289,000. J. W. Coons Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.7% during the 3rd quarter. J. W. Coons Advisors LLC now owns 132,513 shares of the company’s stock worth $6,724,000 after purchasing an additional 7,128 shares during the period. Finally, CAP Partners LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 12.4% during the 3rd quarter. CAP Partners LLC now owns 14,497 shares of the company’s stock worth $736,000 after purchasing an additional 1,599 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.52 on Monday. The company’s 50-day moving average price is $50.50 and its 200 day moving average price is $50.52. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75.

JPMorgan Ultra-Short Income ETF Company 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.