Essex Financial Services Inc. Lowers Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Essex Financial Services Inc. trimmed its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 158,745 shares of the company’s stock after selling 21,607 shares during the quarter. Essex Financial Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,996,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. New Wave Wealth Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth $25,000. Eastern Bank increased its stake in JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after buying an additional 250 shares in the last quarter. Kennebec Savings Bank purchased a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth $27,000. Sound Income Strategies LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 82.2% during the fourth quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock valued at $38,000 after acquiring an additional 338 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $49,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

NYSEARCA JPST opened at $50.45 on Tuesday. The business has a 50-day moving average price of $50.48 and a 200-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 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.