Financial Perspectives Inc Sells 5,358 Shares of JPMorgan Ultra-Short Income ETF $JPST

Financial Perspectives Inc cut its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 47,794 shares of the company’s stock after selling 5,358 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 0.7% of Financial Perspectives Inc’s holdings, making the stock its 29th largest holding. Financial Perspectives Inc’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,422,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of JPST. Envestnet Portfolio Solutions Inc. lifted its position in JPMorgan Ultra-Short Income ETF by 239.7% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 75,337 shares of the company’s stock worth $3,814,000 after buying an additional 53,162 shares during the last quarter. Lighthouse Wealth Management Inc. lifted its position in JPMorgan Ultra-Short Income ETF by 2.4% in the first quarter. Lighthouse Wealth Management Inc. now owns 11,833 shares of the company’s stock worth $599,000 after buying an additional 273 shares during the last quarter. Sage Financial Group Inc. lifted its position in JPMorgan Ultra-Short Income ETF by 5.6% in the first quarter. Sage Financial Group Inc. now owns 43,322 shares of the company’s stock worth $2,193,000 after buying an additional 2,297 shares during the last quarter. Buck Wealth Strategies LLC lifted its position in JPMorgan Ultra-Short Income ETF by 73.5% in the first quarter. Buck Wealth Strategies LLC now owns 236,137 shares of the company’s stock worth $11,956,000 after buying an additional 100,032 shares during the last quarter. Finally, Ellis Investment Partners LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the first quarter worth $361,000. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPST opened at $50.72 on Monday. The company has a market cap of $34.20 billion, a PE ratio of 110.26 and a beta of 0.03. The business has a fifty day moving average of $50.67 and a 200 day moving average of $50.58. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.76.

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.