JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Integrated Advisors Network LLC

Integrated Advisors Network LLC reduced its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 52.2% in the 1st quarter, Holdings Channel.com reports. The firm owned 28,287 shares of the company’s stock after selling 30,927 shares during the period. Integrated Advisors Network LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,432,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of JPST. JPMorgan Chase & Co. raised its position in shares of JPMorgan Ultra-Short Income ETF by 10.1% during the 4th quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock worth $5,386,450,000 after acquiring an additional 9,729,791 shares in the last quarter. Morgan Stanley lifted its stake in JPMorgan Ultra-Short Income ETF by 2.4% during the fourth quarter. Morgan Stanley now owns 61,468,768 shares of the company’s stock worth $3,109,705,000 after purchasing an additional 1,449,509 shares during the last quarter. LPL Financial LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 8.0% in the fourth quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock valued at $992,621,000 after purchasing an additional 1,459,312 shares in the last quarter. Bank of America Corp DE boosted its holdings in JPMorgan Ultra-Short Income ETF by 15.3% in the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after purchasing an additional 2,162,615 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in JPMorgan Ultra-Short Income ETF by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 11,445,396 shares of the company’s stock valued at $579,023,000 after purchasing an additional 194,855 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

JPST stock opened at $50.44 on Thursday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.39 and a twelve month high of $50.79. The company’s 50 day moving average is $50.50 and its two-hundred day moving average is $50.58. The stock has a market cap of $39.69 billion, a P/E ratio of 109.65 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.