JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by World Investment Advisors LLC

World Investment Advisors LLC cut its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.7% during the third quarter, HoldingsChannel reports. The firm owned 14,958 shares of the company’s stock after selling 1,615 shares during the quarter. World Investment Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $759,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. LPL Financial LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 13.5% in the second quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock valued at $524,028,000 after buying an additional 1,235,482 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 22.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock worth $292,016,000 after purchasing an additional 1,053,392 shares during the last quarter. Spire Wealth Management boosted its holdings in JPMorgan Ultra-Short Income ETF by 207.5% in the second quarter. Spire Wealth Management now owns 1,515,432 shares of the company’s stock valued at $76,484,000 after purchasing an additional 1,022,638 shares in the last quarter. Temasek Holdings Private Ltd purchased a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $50,075,000. Finally, ACT Advisors LLC. acquired a new stake in JPMorgan Ultra-Short Income ETF during the second quarter worth approximately $32,356,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.51 on Tuesday. The company has a fifty day simple moving average of $50.51 and a 200-day simple moving average of $50.50. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75.

JPMorgan Ultra-Short Income ETF Company 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.