Krilogy Financial LLC Has $11.62 Million Stake in JPMorgan Ultra-Short Income ETF $JPST

Krilogy Financial LLC reduced its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 15.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 230,004 shares of the company’s stock after selling 43,493 shares during the quarter. Krilogy Financial LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,620,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Certified Advisory Corp raised its stake in JPMorgan Ultra-Short Income ETF by 11.9% during the first quarter. Certified Advisory Corp now owns 82,442 shares of the company’s stock worth $4,172,000 after buying an additional 8,784 shares during the last quarter. Total Clarity Wealth Management Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 21.4% during the first quarter. Total Clarity Wealth Management Inc. now owns 24,110 shares of the company’s stock valued at $1,220,000 after acquiring an additional 4,243 shares during the last quarter. Signal Advisors Wealth LLC boosted its position in JPMorgan Ultra-Short Income ETF by 1.0% during the first quarter. Signal Advisors Wealth LLC now owns 26,452 shares of the company’s stock valued at $1,339,000 after acquiring an additional 252 shares during the last quarter. Essex Bank grew its holdings in JPMorgan Ultra-Short Income ETF by 3.2% during the 1st quarter. Essex Bank now owns 41,754 shares of the company’s stock worth $2,113,000 after acquiring an additional 1,306 shares during the period. Finally, Sovereign Financial Group Inc. grew its holdings in JPMorgan Ultra-Short Income ETF by 8.3% during the 1st quarter. Sovereign Financial Group Inc. now owns 36,036 shares of the company’s stock worth $1,824,000 after acquiring an additional 2,759 shares during the period. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Trading Up 0.1%

JPST stock opened at $50.52 on Wednesday. The stock has a 50-day moving average price of $50.52 and a 200-day moving average price of $50.59. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.41 and a 1-year high of $50.79. The firm has a market cap of $37.55 billion, a PE ratio of 109.83 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.