LexAurum Advisors LLC Reduces Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

LexAurum Advisors LLC reduced its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 22.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 186,961 shares of the company’s stock after selling 53,676 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 1.9% of LexAurum Advisors LLC’s investment portfolio, making the stock its 11th largest position. LexAurum Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,417,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Eastern Bank boosted its position in JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after acquiring an additional 250 shares in the last quarter. Kennebec Savings Bank bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $27,000. Hershey Financial Advisers LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the second quarter worth $30,000. Sugar Maple Asset Management LLC bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth $50,000. Finally, Whittier Trust Co. lifted its position in JPMorgan Ultra-Short Income ETF by 29.5% during the third quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after buying an additional 295 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.51 on Friday. The company has a 50 day simple moving average of $50.48 and a two-hundred day simple moving average of $50.52. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75.

JPMorgan Ultra-Short Income ETF 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.