West Oak Capital LLC Has $5.42 Million Stock Position in JPMorgan Ultra-Short Income ETF $JPST

West Oak Capital LLC reduced its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 55.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 106,912 shares of the company’s stock after selling 134,680 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 2.2% of West Oak Capital LLC’s holdings, making the stock its 11th biggest position. West Oak Capital LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,424,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Raymond James Financial Inc. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 14.4% during the first quarter. Raymond James Financial Inc. now owns 3,948,223 shares of the company’s stock worth $199,899,000 after buying an additional 496,085 shares during the last quarter. Steward Partners Investment Advisory LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 6.5% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 67,577 shares of the company’s stock worth $3,421,000 after acquiring an additional 4,115 shares during the period. Sand Hill Global Advisors LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 34.0% during the 1st quarter. Sand Hill Global Advisors LLC now owns 309,225 shares of the company’s stock valued at $15,656,000 after acquiring an additional 78,480 shares during the last quarter. M Holdings Securities Inc. raised its position in shares of JPMorgan Ultra-Short Income ETF by 14.5% during the 1st quarter. M Holdings Securities Inc. now owns 43,754 shares of the company’s stock valued at $2,215,000 after acquiring an additional 5,530 shares during the last quarter. Finally, Laraway Financial Advisors Inc lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 17.8% in the 1st quarter. Laraway Financial Advisors Inc now owns 23,277 shares of the company’s stock valued at $1,179,000 after purchasing an additional 3,522 shares during the period. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Up 0.1%

NYSEARCA:JPST opened at $50.67 on Tuesday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.30 and a 12-month high of $50.78. The stock’s fifty day simple moving average is $50.67 and its 200-day simple moving average is $50.63. The firm has a market capitalization of $34.22 billion, a P/E ratio of 110.15 and a beta of 0.01.

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.