JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Johnson Financial Group Inc.

Johnson Financial Group Inc. lessened its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 105,413 shares of the company’s stock after selling 17,665 shares during the period. Johnson Financial Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,334,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 32.6% during the 4th quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock valued at $4,911,897,000 after acquiring an additional 23,971,471 shares during the last quarter. LPL Financial LLC raised its stake in JPMorgan Ultra-Short Income ETF by 13.6% during the fourth quarter. LPL Financial LLC now owns 12,694,776 shares of the company’s stock worth $639,436,000 after purchasing an additional 1,522,758 shares during the period. HB Wealth Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.2% in the 4th quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock valued at $416,590,000 after purchasing an additional 838,189 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of JPMorgan Ultra-Short Income ETF by 3.3% during the 4th quarter. Wells Fargo & Company MN now owns 7,130,097 shares of the company’s stock valued at $359,143,000 after buying an additional 224,833 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock worth $297,252,000 after buying an additional 103,192 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.60 on Friday. The stock has a 50-day moving average price of $50.52 and a two-hundred day moving average price of $50.50. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 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.