Proffitt & Goodson Inc. Sells 2,750 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Proffitt & Goodson Inc. trimmed its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 50.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,708 shares of the company’s stock after selling 2,750 shares during the quarter. Proffitt & Goodson Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $136,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JPST. Pinnacle Associates Ltd. grew its position in JPMorgan Ultra-Short Income ETF by 87.9% during the third quarter. Pinnacle Associates Ltd. now owns 8,098 shares of the company’s stock worth $407,000 after buying an additional 3,788 shares in the last quarter. SteelPeak Wealth LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 6.9% in the 3rd quarter. SteelPeak Wealth LLC now owns 6,134 shares of the company’s stock valued at $311,000 after acquiring an additional 394 shares during the last quarter. US Bancorp DE raised its position in JPMorgan Ultra-Short Income ETF by 5.6% during the 3rd quarter. US Bancorp DE now owns 18,722 shares of the company’s stock valued at $950,000 after purchasing an additional 997 shares during the last quarter. Aspen Wealth Strategies LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 1.0% in the 3rd quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock worth $1,372,000 after acquiring an additional 261 shares in the last quarter. Finally, Summit Wealth Partners LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 2.2% in the 3rd quarter. Summit Wealth Partners LLC now owns 360,529 shares of the company’s stock valued at $18,293,000 after purchasing an additional 7,703 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.66 on Friday. The business has a 50 day moving average of $50.49 and a 200-day moving average of $50.53. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week 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.