JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC trimmed its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 50,116 shares of the company’s stock after selling 2,076 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 1.0% of Acorn Wealth Advisors LLC’s holdings, making the stock its 25th biggest position. Acorn Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,524,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Guardian Wealth Advisors LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 25.1% during the fourth quarter. Guardian Wealth Advisors LLC now owns 41,232 shares of the company’s stock worth $2,077,000 after purchasing an additional 8,276 shares during the last quarter. Essex LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 5.5% in the fourth quarter. Essex LLC now owns 230,834 shares of the company’s stock valued at $11,627,000 after buying an additional 12,054 shares in the last quarter. Delta Financial Group Inc. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 265.1% during the 4th quarter. Delta Financial Group Inc. now owns 88,683 shares of the company’s stock worth $4,467,000 after buying an additional 64,393 shares during the last quarter. Bridgewater Advisors Inc. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 11.2% during the 4th quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock worth $96,956,000 after buying an additional 193,580 shares during the last quarter. Finally, SMART Wealth LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 56.9% in the 4th quarter. SMART Wealth LLC now owns 76,777 shares of the company’s stock worth $3,867,000 after buying an additional 27,837 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.58 on Tuesday. The firm has a 50-day moving average price of $50.48 and a two-hundred day moving average price of $50.52. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve 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.