Continuum Advisory LLC Sells 16,491 Shares of JPMorgan Ultra-Short Income ETF $JPST

Continuum Advisory LLC trimmed its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 33.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 32,474 shares of the company’s stock after selling 16,491 shares during the quarter. Continuum Advisory LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,643,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in JPMorgan Ultra-Short Income ETF by 8.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 96,742,823 shares of the company’s stock valued at $4,907,764,000 after buying an additional 7,786,258 shares during the last quarter. Axxcess Wealth Management LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 568.5% during the 4th quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock valued at $393,694,000 after buying an additional 6,617,940 shares during the last quarter. Temasek Holdings Private Ltd bought a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $300,296,000. Bank of America Corp DE raised its holdings in JPMorgan Ultra-Short Income ETF by 15.3% during the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after buying an additional 2,162,615 shares during the last quarter. Finally, Lido Advisors LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 1,017.1% during the 4th quarter. Lido Advisors LLC now owns 1,410,553 shares of the company’s stock valued at $71,377,000 after buying an additional 1,284,279 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Down 0.0%

NYSEARCA:JPST opened at $50.41 on Friday. The company has a fifty day moving average of $50.52 and a 200 day moving average of $50.61. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.41 and a 52 week high of $50.79. The firm has a market capitalization of $37.47 billion, a P/E ratio of 109.59 and a beta of 0.01.

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.