Choice Wealth Advisors LLC Sells 223,547 Shares of JPMorgan Ultra-Short Income ETF $JPST

Choice Wealth Advisors LLC reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 95.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,673 shares of the company’s stock after selling 223,547 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 0.2% of Choice Wealth Advisors LLC’s investment portfolio, making the stock its 26th biggest position. Choice Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $588,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. lifted its position in JPMorgan Ultra-Short Income ETF by 73.0% in the third quarter. TD Waterhouse Canada Inc. now owns 105,534 shares of the company’s stock worth $5,300,000 after buying an additional 44,518 shares during the last quarter. Woodside Wealth Management LLC increased its position in JPMorgan Ultra-Short Income ETF by 5.0% during the third quarter. Woodside Wealth Management LLC now owns 145,583 shares of the company’s stock valued at $7,333,000 after acquiring an additional 6,898 shares during the last quarter. Rise Advisors LLC increased its position in JPMorgan Ultra-Short Income ETF by 1.3% during the third quarter. Rise Advisors LLC now owns 66,187 shares of the company’s stock valued at $3,334,000 after acquiring an additional 830 shares during the last quarter. Surience Private Wealth LLC bought a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at $490,000. Finally, Sherman Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 30.5% in the third quarter. Sherman Wealth Management LLC now owns 162,809 shares of the company’s stock valued at $8,201,000 after acquiring an additional 38,084 shares during the period. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of JPST opened at $50.34 on Friday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.79. The company has a market cap of $42.52 billion, a P/E ratio of 109.43 and a beta of 0.01. The company’s fifty day simple moving average is $50.39 and its 200-day simple moving average is $50.46.

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.