JPMorgan Ultra-Short Income ETF $JPST Stock Sold by VCI Wealth Management LLC

VCI Wealth Management LLC lessened its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 318,215 shares of the company’s stock after selling 24,127 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 3.8% of VCI Wealth Management LLC’s investment portfolio, making the stock its 6th largest holding. VCI Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $16,028,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Gerber Kawasaki Wealth & Investment Management raised its position in shares of JPMorgan Ultra-Short Income ETF by 15.5% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 742,812 shares of the company’s stock valued at $37,415,000 after acquiring an additional 99,748 shares during the period. Next Level Wealth Planning LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $110,000. Frederick Financial Consultants LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $607,000. MBA Advisors LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 4.4% during the third quarter. MBA Advisors LLC now owns 102,796 shares of the company’s stock valued at $5,178,000 after purchasing an additional 4,354 shares during the period. Finally, Certified Advisory Corp grew its holdings in JPMorgan Ultra-Short Income ETF by 14.9% during the third quarter. Certified Advisory Corp now owns 124,320 shares of the company’s stock valued at $6,262,000 after purchasing an additional 16,079 shares during the period. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.26 on Tuesday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.79. The company has a market capitalization of $42.41 billion, a PE ratio of 109.26 and a beta of 0.01. The company has a 50 day moving average price of $50.37 and a two-hundred day moving average price of $50.50.

JPMorgan Ultra-Short Income ETF Company 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.