Stone Summit Wealth LLC Sells 46,520 Shares of JPMorgan Ultra-Short Income ETF $JPST

Stone Summit Wealth LLC reduced its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 68.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 21,281 shares of the company’s stock after selling 46,520 shares during the period. Stone Summit Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,080,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Temasek Holdings Private Ltd bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter valued at about $842,655,000. Bank of America Corp DE grew its stake in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after purchasing an additional 2,162,615 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 22.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock valued at $346,121,000 after purchasing an additional 1,265,522 shares during the last quarter. RiverFront Investment Group LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 941.7% during the 2nd quarter. RiverFront Investment Group LLC now owns 1,258,877 shares of the company’s stock worth $63,800,000 after acquiring an additional 1,138,031 shares during the last quarter. Finally, Foster Dykema Cabot & Partners LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 42.2% in the 2nd quarter. Foster Dykema Cabot & Partners LLC now owns 3,814,842 shares of the company’s stock valued at $193,336,000 after buying an additional 1,132,264 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.1%

JPMorgan Ultra-Short Income ETF stock opened at $50.62 on Monday. The company has a 50 day moving average of $50.67 and a 200-day moving average of $50.65. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.78. The stock has a market capitalization of $35.42 billion, a PE ratio of 110.04 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.