JPMorgan Ultra-Short Income ETF $JPST Stake Lowered by Halbert Hargrove Global Advisors LLC

Halbert Hargrove Global Advisors LLC cut its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 46.8% during the third quarter, HoldingsChannel reports. The fund owned 74,531 shares of the company’s stock after selling 65,434 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 0.2% of Halbert Hargrove Global Advisors LLC’s holdings, making the stock its 25th biggest position. Halbert Hargrove Global Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,754,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of JPST. Nicholson Meyer Capital Management Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 0.9% during the first quarter. Nicholson Meyer Capital Management Inc. now owns 22,287 shares of the company’s stock valued at $1,128,000 after purchasing an additional 202 shares during the last quarter. Whipplewood Advisors LLC grew its stake in JPMorgan Ultra-Short Income ETF by 1.2% in the first quarter. Whipplewood Advisors LLC now owns 18,494 shares of the company’s stock valued at $936,000 after purchasing an additional 227 shares in the last quarter. Blueline Advisors LLC increased its position in JPMorgan Ultra-Short Income ETF by 9.2% in the 3rd quarter. Blueline Advisors LLC now owns 2,746 shares of the company’s stock worth $138,000 after purchasing an additional 232 shares during the last quarter. Vista Cima Wealth Management LLC increased its position in JPMorgan Ultra-Short Income ETF by 0.7% in the 2nd quarter. Vista Cima Wealth Management LLC now owns 34,917 shares of the company’s stock worth $1,766,000 after purchasing an additional 239 shares during the last quarter. Finally, Secured Retirement Advisors LLC increased its position in JPMorgan Ultra-Short Income ETF by 5.1% in the 1st quarter. Secured Retirement Advisors LLC now owns 5,003 shares of the company’s stock worth $253,000 after purchasing an additional 243 shares during the last quarter. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.32 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.79. The business has a 50-day moving average of $50.39 and a 200-day moving average of $50.46. The company has a market capitalization of $42.44 billion, a PE ratio of 109.39 and a beta of 0.01.

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.