Etfidea LLC Cuts Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Etfidea LLC lessened its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 29.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 12,614 shares of the company’s stock after selling 5,166 shares during the quarter. Etfidea LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $640,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JPST. Cetera Investment Advisers increased its holdings in JPMorgan Ultra-Short Income ETF by 927.2% in the 1st quarter. Cetera Investment Advisers now owns 1,790,596 shares of the company’s stock worth $90,336,000 after acquiring an additional 1,616,273 shares in the last quarter. LPL Financial LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 13.5% during the second quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock worth $524,028,000 after buying an additional 1,235,482 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of 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 buying an additional 1,053,392 shares in the last quarter. Spire Wealth Management grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 207.5% during the second quarter. Spire Wealth Management now owns 1,515,432 shares of the company’s stock worth $76,484,000 after buying an additional 1,022,638 shares in the last quarter. Finally, ACT Advisors LLC. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth $32,356,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

JPMorgan Ultra-Short Income ETF stock opened at $50.51 on Wednesday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.13 and a 52-week high of $50.75. The company has a fifty day simple moving average of $50.55 and a 200-day simple moving average of $50.48.

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.