Bank of Jackson Hole Trust Sells 1,260 Shares of JPMorgan Ultra-Short Income ETF $JPST

Bank of Jackson Hole Trust lessened its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 17.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,071 shares of the company’s stock after selling 1,260 shares during the quarter. Bank of Jackson Hole Trust’s holdings in JPMorgan Ultra-Short Income ETF were worth $308,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of JPST. Chelsea Counsel Co. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter worth $25,000. Pandora Wealth Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter worth $34,000. Cooksen Wealth LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter worth $36,000. Frazier Financial Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $41,000. Finally, Cullen Frost Bankers Inc. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 75.4% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 949 shares of the company’s stock worth $48,000 after purchasing an additional 408 shares in the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.77 on Wednesday. The stock has a market capitalization of $34.29 billion, a price-to-earnings ratio of 110.37 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.77. The business has a fifty day moving average price of $50.68 and a 200-day moving average price of $50.59.

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.