Garden State Investment Advisory Services LLC Sells 518 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Garden State Investment Advisory Services LLC lessened its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,090 shares of the company’s stock after selling 518 shares during the quarter. Garden State Investment Advisory Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $307,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Brown Advisory Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 82.6% during the fourth quarter. Brown Advisory Inc. now owns 11,017 shares of the company’s stock worth $553,000 after purchasing an additional 4,985 shares during the period. Franklin Resources Inc. grew its position in shares of JPMorgan Ultra-Short Income ETF by 0.8% during the 4th quarter. Franklin Resources Inc. now owns 455,732 shares of the company’s stock worth $22,891,000 after buying an additional 3,399 shares during the period. US Bancorp DE increased its stake in shares of JPMorgan Ultra-Short Income ETF by 2.3% in the 4th quarter. US Bancorp DE now owns 15,321 shares of the company’s stock valued at $770,000 after acquiring an additional 351 shares during the last quarter. SageView Advisory Group LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 146.4% in the 4th quarter. SageView Advisory Group LLC now owns 50,380 shares of the company’s stock valued at $2,543,000 after acquiring an additional 29,930 shares during the period. Finally, Advisory Services Network LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 2.4% during the 4th quarter. Advisory Services Network LLC now owns 25,991 shares of the company’s stock worth $1,306,000 after acquiring an additional 608 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.69 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.96 and a 52-week high of $50.69. The firm has a 50 day moving average price of $50.55 and a 200 day moving average price of $50.42.

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.