JPMorgan Ultra-Short Income ETF $JPST Stock Holdings Decreased by Private Client Services LLC

Private Client Services LLC lowered its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 87.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 14,718 shares of the company’s stock after selling 98,488 shares during the quarter. Private Client Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $741,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Montecito Bank & Trust raised its holdings in JPMorgan Ultra-Short Income ETF by 64.6% during the third quarter. Montecito Bank & Trust now owns 11,513 shares of the company’s stock valued at $580,000 after acquiring an additional 4,520 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth about $312,000. Anchor Investment Management LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 5.4% during the second quarter. Anchor Investment Management LLC now owns 183,523 shares of the company’s stock worth $9,281,000 after purchasing an additional 9,452 shares in the last quarter. Cherry Tree Wealth Management LLC raised its stake in JPMorgan Ultra-Short Income ETF by 13.1% during the 2nd quarter. Cherry Tree Wealth Management LLC now owns 43,025 shares of the company’s stock valued at $2,176,000 after purchasing an additional 4,984 shares during the period. Finally, MCF Advisors LLC raised its stake in JPMorgan Ultra-Short Income ETF by 1,036.7% during the 2nd quarter. MCF Advisors LLC now owns 101,248 shares of the company’s stock valued at $5,120,000 after purchasing an additional 92,341 shares during the period. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

NYSEARCA JPST traded up $0.01 during trading hours on Friday, reaching $50.23. The company’s stock had a trading volume of 4,874,548 shares, compared to its average volume of 6,789,632. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.79. The company has a market capitalization of $41.67 billion, a price-to-earnings ratio of 109.18 and a beta of 0.01. The firm’s 50-day moving average price is $50.43 and its 200-day moving average price is $50.48.

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.