First Horizon Advisors Inc. Sells 1,300 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

First Horizon Advisors Inc. reduced its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 26.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,550 shares of the company’s stock after selling 1,300 shares during the quarter. First Horizon Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $178,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in JPST. Bank of New York Mellon Corp grew its position in shares of JPMorgan Ultra-Short Income ETF by 29.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 12,705 shares of the company’s stock worth $638,000 after buying an additional 2,892 shares during the last quarter. Brown Advisory Inc. increased its position in JPMorgan Ultra-Short Income ETF by 23.9% during the 3rd quarter. Brown Advisory Inc. now owns 6,032 shares of the company’s stock valued at $303,000 after purchasing an additional 1,164 shares during the period. WealthShield Partners LLC increased its position in JPMorgan Ultra-Short Income ETF by 20.9% during the 3rd quarter. WealthShield Partners LLC now owns 13,011 shares of the company’s stock valued at $653,000 after purchasing an additional 2,249 shares during the period. Verdence Capital Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth $437,000. Finally, BluePath Capital Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $26,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

Shares of JPST opened at $50.28 on Monday. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.93 and a 1-year high of $50.51. The firm’s 50-day moving average price is $50.34 and its 200-day moving average price is $50.30.

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.