JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) is Appleton Partners Inc. MA’s 8th Largest Position

Appleton Partners Inc. MA lowered its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 578,858 shares of the company’s stock after selling 23,082 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 2.2% of Appleton Partners Inc. MA’s portfolio, making the stock its 8th largest position. Appleton Partners Inc. MA owned 0.13% of JPMorgan Ultra-Short Income ETF worth $29,371,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. ADAR1 Capital Management LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $2,461,000. Security National Bank boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 6.3% during the fourth quarter. Security National Bank now owns 9,853 shares of the company’s stock valued at $495,000 after purchasing an additional 588 shares during the period. Sollinda Capital Management LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $40,809,000. Scott Capital Advisors LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 2.8% during the 1st quarter. Scott Capital Advisors LLC now owns 225,146 shares of the company’s stock valued at $11,327,000 after buying an additional 6,154 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 16.0% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 8,524 shares of the company’s stock valued at $430,000 after buying an additional 1,178 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.53 on Thursday. The company’s 50-day simple moving average is $50.58 and its two-hundred day simple moving average is $50.44. JPMorgan Ultra-Short Income ETF has a one year low of $49.96 and a one year 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.