JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Paragon Advisors LLC

Paragon Advisors LLC reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 18.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 87,869 shares of the company’s stock after selling 19,555 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 1.4% of Paragon Advisors LLC’s portfolio, making the stock its 14th largest holding. Paragon Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,458,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 13.5% in the 2nd quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock worth $524,028,000 after buying an additional 1,235,482 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 22.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock worth $292,016,000 after buying an additional 1,053,392 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock valued at $182,463,000 after acquiring an additional 14,611 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 31.0% during the 2nd quarter. Cetera Investment Advisers now owns 2,345,160 shares of the company’s stock worth $118,360,000 after purchasing an additional 554,564 shares during the period. Finally, Raymond James Financial Services Advisors Inc. grew its stake in JPMorgan Ultra-Short Income ETF by 6.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 2,201,925 shares of the company’s stock worth $111,131,000 after buying an additional 142,741 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

Shares of JPST stock opened at $50.48 on Friday. The company’s fifty day moving average price is $50.56 and its two-hundred day moving average price is $50.48. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.13 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.