Sollinda Capital Management LLC Has $28.11 Million Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Sollinda Capital Management LLC lowered its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 554,041 shares of the company’s stock after selling 3,364 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 7.9% of Sollinda Capital Management LLC’s holdings, making the stock its 4th largest holding. Sollinda Capital Management LLC owned 0.12% of JPMorgan Ultra-Short Income ETF worth $28,112,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF during the second quarter worth $25,000. LRI Investments LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the 1st quarter valued at $30,000. Hershey Financial Advisers LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $30,000. Triad Wealth Partners LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $32,000. Finally, EverSource Wealth Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 282.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 734 shares of the company’s stock valued at $37,000 after buying an additional 542 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock remained flat at $50.38 on Friday. 8,491,664 shares of the company’s stock traded hands, compared to its average volume of 4,021,836. The firm has a 50 day simple moving average of $50.59 and a two-hundred day simple moving average of $50.47. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.02 and a 12-month high of $50.75.

JPMorgan Ultra-Short Income ETF Company 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.