Triumph Capital Management trimmed its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 9.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 111,100 shares of the company’s stock after selling 10,961 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 1.0% of Triumph Capital Management’s holdings, making the stock its 22nd biggest position. Triumph Capital Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,596,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in the business. HB Wealth Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.4% in the second quarter. HB Wealth Management LLC now owns 10,065,428 shares of the company’s stock worth $506,509,000 after acquiring an additional 514,497 shares during the last quarter. Royal Bank of Canada boosted its position in shares of JPMorgan Ultra-Short Income ETF by 11.1% in the first quarter. Royal Bank of Canada now owns 5,372,821 shares of the company’s stock worth $271,917,000 after acquiring an additional 534,875 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,647,775 shares of the company’s stock worth $184,468,000 after buying an additional 245,314 shares during the last quarter. Cetera Investment Advisers increased its stake in JPMorgan Ultra-Short Income ETF by 10.2% during the first quarter. Cetera Investment Advisers now owns 3,377,302 shares of the company’s stock worth $170,925,000 after acquiring an additional 312,033 shares during the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp raised its holdings in JPMorgan Ultra-Short Income ETF by 215.9% in the first quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock valued at $142,290,000 after buying an additional 1,921,600 shares during the period. 2.17% of the stock is currently owned by hedge funds and other institutional investors.
JPMorgan Ultra-Short Income ETF Stock Down 0.0%
Shares of NYSEARCA JPST traded down $0.01 on Wednesday, hitting $50.30. The company had a trading volume of 12,289,206 shares, compared to its average volume of 6,833,118. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.79. The business has a 50 day moving average of $50.40 and a two-hundred day moving average of $50.46. The firm has a market capitalization of $42.43 billion, a P/E ratio of 109.35 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.
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