JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Oliver Lagore Vanvalin Investment Group

Oliver Lagore Vanvalin Investment Group cut its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 51.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 104,937 shares of the company’s stock after selling 110,055 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 1.5% of Oliver Lagore Vanvalin Investment Group’s portfolio, making the stock its 12th biggest position. Oliver Lagore Vanvalin Investment Group’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,296,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ADAR1 Capital Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $2,461,000. Peapack Gladstone Financial Corp boosted its position in shares of JPMorgan Ultra-Short Income ETF by 0.3% in the fourth quarter. Peapack Gladstone Financial Corp now owns 429,869 shares of the company’s stock worth $21,592,000 after buying an additional 1,252 shares during the period. Security National Bank boosted its position in shares of JPMorgan Ultra-Short Income ETF by 6.3% in the fourth quarter. Security National Bank now owns 9,853 shares of the company’s stock worth $495,000 after buying an additional 588 shares during the period. Trademark Financial Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $7,822,000. Finally, STAR Financial Bank boosted its position in shares of JPMorgan Ultra-Short Income ETF by 3.2% in the fourth quarter. STAR Financial Bank now owns 20,588 shares of the company’s stock worth $1,034,000 after buying an additional 639 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.74 on Friday. JPMorgan Ultra-Short Income ETF has a one year low of $49.96 and a one year high of $50.74. The stock has a 50-day moving average price of $50.57 and a 200 day moving average price of $50.44.

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.