IFP Advisors Inc decreased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 32.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 245,334 shares of the company’s stock after selling 117,133 shares during the quarter. IFP Advisors Inc’s holdings in JPMorgan Ultra-Short Income ETF were worth $12,407,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Prosperitas Financial LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $1,874,000. TPG Financial Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 60.0% during the 4th quarter. TPG Financial Advisors LLC now owns 48,492 shares of the company’s stock valued at $2,453,000 after buying an additional 18,183 shares during the period. Investment Advisory Services Group LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $9,437,000. First Business Financial Services Inc. lifted its position in JPMorgan Ultra-Short Income ETF by 7.3% during the 4th quarter. First Business Financial Services Inc. now owns 217,698 shares of the company’s stock worth $11,013,000 after acquiring an additional 14,901 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its holdings in JPMorgan Ultra-Short Income ETF by 286.0% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,266,826 shares of the company’s stock worth $64,162,000 after acquiring an additional 938,617 shares during the period. 2.17% of the stock is owned by hedge funds and other institutional investors.
JPMorgan Ultra-Short Income ETF Stock Down 0.0%
Shares of NYSEARCA:JPST opened at $50.38 on Wednesday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.35 and a 52-week high of $50.79. The company has a 50 day moving average of $50.47 and a two-hundred day moving average of $50.52. The company has a market capitalization of $40.28 billion, a price-to-earnings ratio of 109.52 and a beta of 0.01.
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.
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