BancFirst Trust & Investment Management Sells 26,524 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

BancFirst Trust & Investment Management cut its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 53.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,974 shares of the company’s stock after selling 26,524 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 0.7% of BancFirst Trust & Investment Management’s holdings, making the stock its 8th biggest position. BancFirst Trust & Investment Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,152,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Gradient Investments LLC increased its stake in JPMorgan Ultra-Short Income ETF by 265.0% in the 1st quarter. Gradient Investments LLC now owns 511 shares of the company’s stock worth $26,000 after purchasing an additional 371 shares in the last quarter. Coppell Advisory Solutions Corp. acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $32,000. Sunbelt Securities Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the first quarter worth approximately $38,000. Householder Group Estate & Retirement Specialist LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the first quarter valued at approximately $39,000. Finally, Tanglewood Legacy Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $39,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock traded up $0.01 on Thursday, reaching $50.11. 593,459 shares of the company’s stock traded hands, compared to its average volume of 4,723,080. The business’s 50 day moving average price is $50.10 and its two-hundred day moving average price is $50.16. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.93 and a 12-month high of $50.40.

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.