Wealthspire Advisors LLC Reduces Holdings in JPMorgan Ultra-Short Income ETF $JPST

Wealthspire Advisors LLC reduced its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,334 shares of the company’s stock after selling 7,479 shares during the period. Wealthspire Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,298,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. JPMorgan Chase & Co. boosted its holdings in JPMorgan Ultra-Short Income ETF by 2.7% in the first quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock valued at $5,068,793,000 after purchasing an additional 2,598,084 shares during the last quarter. Temasek Holdings Private Ltd acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter valued at approximately $842,655,000. LPL Financial LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 19.4% during the 1st quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock valued at $767,511,000 after buying an additional 2,464,430 shares during the last quarter. HB Wealth Management LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 4.0% during the second quarter. HB Wealth Management LLC now owns 8,888,716 shares of the company’s stock worth $450,480,000 after buying an additional 342,791 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 22.6% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock worth $346,121,000 after acquiring an additional 1,265,522 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

NYSEARCA:JPST opened at $50.68 on Thursday. The company has a market cap of $34.23 billion, a PE ratio of 110.17 and a beta of 0.01. The business’s 50 day moving average is $50.68 and its two-hundred day moving average is $50.61. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.78.

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.