JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC lowered its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 40.8% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 272,925 shares of the company’s stock after selling 187,787 shares during the quarter. Resonant Capital Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $13,813,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of JPST. Investment Advisory Services Group LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 2.0% during the 1st quarter. Investment Advisory Services Group LLC now owns 190,301 shares of the company’s stock valued at $9,631,000 after purchasing an additional 3,759 shares in the last quarter. Red Mountain Financial LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.9% in the 1st quarter. Red Mountain Financial LLC now owns 40,031 shares of the company’s stock worth $2,026,000 after purchasing an additional 342 shares in the last quarter. Arbor Investment Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.0% in the 1st quarter. Arbor Investment Advisors LLC now owns 443,066 shares of the company’s stock worth $22,424,000 after purchasing an additional 28,881 shares in the last quarter. Ascentis Independent Advisors lifted its stake in JPMorgan Ultra-Short Income ETF by 129.5% during the first quarter. Ascentis Independent Advisors now owns 66,060 shares of the company’s stock valued at $3,343,000 after purchasing an additional 37,275 shares during the last quarter. Finally, Stephens Inc. AR boosted its holdings in JPMorgan Ultra-Short Income ETF by 2.8% during the first quarter. Stephens Inc. AR now owns 829,222 shares of the company’s stock worth $41,967,000 after buying an additional 22,926 shares in the last quarter. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock remained flat at $50.45 during mid-day trading on Tuesday. 1,503,568 shares of the company’s stock traded hands, compared to its average volume of 6,759,405. The firm has a market capitalization of $39.29 billion, a PE ratio of 109.67 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.39 and a 12-month high of $50.79. The firm’s fifty day simple moving average is $50.51 and its two-hundred day simple moving average is $50.58.

JPMorgan Ultra-Short Income ETF Company 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.