Eagle Harbor Asset Management Inc. ADV Sells 80,210 Shares of JPMorgan Ultra-Short Income ETF $JPST

Eagle Harbor Asset Management Inc. ADV lowered its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 57.3% during the third quarter, HoldingsChannel.com reports. The fund owned 59,699 shares of the company’s stock after selling 80,210 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 2.3% of Eagle Harbor Asset Management Inc. ADV’s holdings, making the stock its 8th biggest position. Eagle Harbor Asset Management Inc. ADV’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,007,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of JPST. Parkside Investments LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 37.8% during the 3rd quarter. Parkside Investments LLC now owns 145,534 shares of the company’s stock worth $7,331,000 after acquiring an additional 39,950 shares during the period. Pinnacle Associates Ltd. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 21.3% in the 3rd quarter. Pinnacle Associates Ltd. now owns 121,159 shares of the company’s stock valued at $6,103,000 after purchasing an additional 21,238 shares during the period. Integrated Advisors Network LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 15.2% in the 3rd quarter. Integrated Advisors Network LLC now owns 15,488 shares of the company’s stock valued at $780,000 after purchasing an additional 2,042 shares during the period. Taylor Securities Services Inc. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 3.0% in the 3rd quarter. Taylor Securities Services Inc. now owns 246,021 shares of the company’s stock valued at $12,392,000 after purchasing an additional 7,089 shares during the period. Finally, MBM Wealth Consultants LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 7.8% during the 3rd quarter. MBM Wealth Consultants LLC now owns 604,634 shares of the company’s stock valued at $30,455,000 after purchasing an additional 43,672 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.35 on Wednesday. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.79. The stock’s 50-day moving average is $50.39 and its 200 day moving average is $50.46. The firm has a market cap of $42.53 billion, a price-to-earnings ratio of 109.46 and a beta of 0.01.

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.