Orion Portfolio Solutions LLC Lowers Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Orion Portfolio Solutions LLC reduced its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 35.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 122,978 shares of the company’s stock after selling 66,463 shares during the period. Orion Portfolio Solutions LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,181,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of JPST. Bank of New York Mellon Corp raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 29.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 12,705 shares of the company’s stock valued at $638,000 after buying an additional 2,892 shares during the period. WealthPlan Investment Management LLC increased its stake in JPMorgan Ultra-Short Income ETF by 357.2% during the third quarter. WealthPlan Investment Management LLC now owns 7,137 shares of the company’s stock worth $358,000 after purchasing an additional 5,576 shares during the period. Aveo Capital Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth about $291,000. Cornerstone Wealth Management LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 115.9% during the third quarter. Cornerstone Wealth Management LLC now owns 29,316 shares of the company’s stock worth $1,471,000 after purchasing an additional 15,735 shares in the last quarter. Finally, Great Valley Advisor Group Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 36.8% in the third quarter. Great Valley Advisor Group Inc. now owns 563,975 shares of the company’s stock valued at $28,300,000 after purchasing an additional 151,800 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.44 on Monday. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.93 and a 52 week high of $50.51. The company has a fifty day simple moving average of $50.35 and a two-hundred day simple moving average of $50.32.

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.