Peterson Wealth Advisors LLC trimmed its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 91.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 73,561 shares of the company’s stock after selling 793,321 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 0.4% of Peterson Wealth Advisors LLC’s portfolio, making the stock its 25th biggest position. Peterson Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,705,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Wealth Enhancement Trust Services Inc. lifted its stake in JPMorgan Ultra-Short Income ETF by 22.0% in the third quarter. Wealth Enhancement Trust Services Inc. now owns 107,960 shares of the company’s stock valued at $5,438,000 after buying an additional 19,458 shares during the last quarter. Kwmg LLC raised its stake in JPMorgan Ultra-Short Income ETF by 8.6% during the 3rd quarter. Kwmg LLC now owns 360,964 shares of the company’s stock valued at $18,182,000 after purchasing an additional 28,712 shares during the last quarter. PFW Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $210,000. Worth Asset Management LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 81.2% during the third quarter. Worth Asset Management LLC now owns 187,616 shares of the company’s stock worth $9,450,000 after purchasing an additional 84,093 shares in the last quarter. Finally, Matrix Trust Co acquired a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at about $173,000. Institutional investors own 2.17% of the company’s stock.
JPMorgan Ultra-Short Income ETF Stock Performance
NYSEARCA JPST traded up $0.01 during trading hours on Thursday, reaching $50.28. 3,497,750 shares of the company’s stock were exchanged, compared to its average volume of 6,788,671. The company’s 50-day moving average is $50.41 and its two-hundred day moving average is $50.47. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.79. The company has a market capitalization of $42.39 billion, a price-to-earnings ratio of 109.32 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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