Main Street Financial Solutions LLC Has $962,000 Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Main Street Financial Solutions LLC reduced its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 56.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 19,097 shares of the company’s stock after selling 24,813 shares during the period. Main Street Financial Solutions LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $962,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. New Wave Wealth Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $25,000. Eastern Bank grew its position 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 purchasing an additional 250 shares in the last quarter. Howe & Rusling Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $26,000. Maryland Capital Advisors Inc. bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $31,000. Finally, Cyrus J. Lawrence LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $31,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

Shares of JPST opened at $50.49 on Thursday. The stock has a 50 day moving average of $50.51 and a 200 day moving average of $50.50. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75.

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.