JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Hudock Inc.

Hudock Inc. trimmed its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 154,615 shares of the company’s stock after selling 12,732 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 1.0% of Hudock Inc.’s portfolio, making the stock its 22nd largest position. Hudock Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,788,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Strengthening Families & Communities LLC bought a new position in JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $28,000. Beacon Financial Strategies CORP bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth $34,000. Allied Private Wealth LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth $38,000. Rice Partnership LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 327.5% during the first quarter. Rice Partnership LLC now owns 855 shares of the company’s stock worth $43,000 after acquiring an additional 655 shares during the period. Finally, Abound Wealth Management raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 1,963.3% during the second quarter. Abound Wealth Management now owns 1,011 shares of the company’s stock worth $51,000 after acquiring an additional 962 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Down 0.0%

JPST opened at $50.30 on Thursday. The stock 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 has a 12 month low of $50.20 and a 12 month high of $50.79. The firm’s fifty day simple moving average is $50.40 and its 200 day simple moving average is $50.46.

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.