Horan Capital Advisors LLC. Has $827,000 Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Horan Capital Advisors LLC. cut its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,296 shares of the company’s stock after selling 437 shares during the quarter. Horan Capital Advisors LLC.’s holdings in JPMorgan Ultra-Short Income ETF were worth $827,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in JPMorgan Ultra-Short Income ETF during the second quarter worth about $25,000. Kennebec Savings Bank purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth $27,000. LRI Investments LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 1st quarter worth about $30,000. Hershey Financial Advisers LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $30,000. Finally, Triad Wealth Partners LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $32,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.50 on Tuesday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.13 and a 52 week high of $50.75. The business has a 50-day simple moving average of $50.56 and a 200 day simple moving average of $50.48.

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.