Etesian Wealth Advisors Inc. Sells 557 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Etesian Wealth Advisors Inc. cut its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.9% in the first quarter, HoldingsChannel.com reports. The firm owned 5,083 shares of the company’s stock after selling 557 shares during the quarter. Etesian Wealth Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $257,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Beacon Financial Advisory LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 109.0% during the first quarter. Beacon Financial Advisory LLC now owns 74,633 shares of the company’s stock worth $3,779,000 after purchasing an additional 38,923 shares in the last quarter. Stone Summit Wealth LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 32.9% in the 1st quarter. Stone Summit Wealth LLC now owns 43,236 shares of the company’s stock worth $2,189,000 after purchasing an additional 10,713 shares in the last quarter. Balefire LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 1,339.7% in the 1st quarter. Balefire LLC now owns 31,514 shares of the company’s stock worth $1,596,000 after purchasing an additional 29,325 shares during the period. Flavin Financial Services Inc. grew its holdings in JPMorgan Ultra-Short Income ETF by 5.7% during the 1st quarter. Flavin Financial Services Inc. now owns 88,705 shares of the company’s stock valued at $4,491,000 after buying an additional 4,744 shares in the last quarter. Finally, Western Wealth Management LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 2.8% during the first quarter. Western Wealth Management LLC now owns 39,200 shares of the company’s stock valued at $1,985,000 after buying an additional 1,056 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.64 on Friday. The company’s fifty day moving average price is $50.52 and its 200-day moving average price is $50.51. JPMorgan Ultra-Short Income ETF has a one year low of $50.25 and a one year high of $50.75. The company has a market capitalization of $31.84 billion, a PE ratio of 110.09 and a beta of 0.03.

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.