Simplicity Solutions LLC Cuts Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Simplicity Solutions LLC reduced its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 77.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,971 shares of the company’s stock after selling 52,481 shares during the period. Simplicity Solutions LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $752,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in JPST. Stonehearth Capital Management LLC grew its position in JPMorgan Ultra-Short Income ETF by 0.8% during the fourth quarter. Stonehearth Capital Management LLC now owns 470,497 shares of the company’s stock worth $23,586,000 after buying an additional 3,866 shares during the period. The Manufacturers Life Insurance Company grew its position in JPMorgan Ultra-Short Income ETF by 8.5% during the fourth quarter. The Manufacturers Life Insurance Company now owns 10,200 shares of the company’s stock worth $511,000 after buying an additional 800 shares during the period. Baird Financial Group Inc. grew its position in JPMorgan Ultra-Short Income ETF by 21.8% during the fourth quarter. Baird Financial Group Inc. now owns 56,881 shares of the company’s stock worth $2,851,000 after buying an additional 10,181 shares during the period. Brown Advisory Inc. acquired a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $2,806,000. Finally, Advisors Asset Management Inc. grew its position in JPMorgan Ultra-Short Income ETF by 119.6% during the fourth quarter. Advisors Asset Management Inc. now owns 2,585 shares of the company’s stock worth $130,000 after buying an additional 1,408 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.32 on Wednesday. The firm’s 50-day moving average is $50.34 and its two-hundred day moving average is $50.27. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.93 and a twelve month high of $50.51.

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.