Mills Wealth Advisors LLC Has $3.51 Million Holdings in JPMorgan Ultra-Short Income ETF $JPST

Mills Wealth Advisors LLC trimmed its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 15.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,110 shares of the company’s stock after selling 12,253 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 1.4% of Mills Wealth Advisors LLC’s investment portfolio, making the stock its 18th biggest position. Mills Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,506,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of JPST. Chelsea Counsel Co. bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter valued at about $25,000. Brentview Investment Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth approximately $35,000. Silicon Valley Capital Partners bought a new stake in JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $37,000. Frazier Financial Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at approximately $41,000. Finally, Quaker Wealth Management LLC increased its position in JPMorgan Ultra-Short Income ETF by 173.1% during the 2nd quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock valued at $41,000 after purchasing an additional 1,906 shares during the period. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.70 on Friday. The company’s 50 day moving average price is $50.67 and its 200-day moving average price is $50.63. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.78. The company has a market capitalization of $34.24 billion, a P/E ratio of 110.22 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.