JPMorgan Ultra-Short Income ETF $JPST Stock Holdings Lowered by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC lessened its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 40.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 272,925 shares of the company’s stock after selling 187,787 shares during the period. Resonant Capital Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $13,813,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Mezzasalma Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 70.9% in the fourth quarter. Mezzasalma Advisors LLC now owns 80,646 shares of the company’s stock worth $4,082,000 after purchasing an additional 33,446 shares in the last quarter. Webster Bank N. A. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 27.0% during the fourth quarter. Webster Bank N. A. now owns 107,339 shares of the company’s stock valued at $5,430,000 after purchasing an additional 22,815 shares in the last quarter. Buck Wealth Strategies LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 7.3% in the fourth quarter. Buck Wealth Strategies LLC now owns 283,986 shares of the company’s stock worth $14,367,000 after purchasing an additional 19,402 shares during the period. Greenberg Financial Group acquired a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $1,544,000. Finally, Optima Capital LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $3,485,000. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock remained flat at $50.45 during trading hours on Tuesday. 1,503,568 shares of the company’s stock traded hands, compared to its average volume of 6,759,405. The company has a market cap of $39.29 billion, a price-to-earnings ratio of 109.67 and a beta of 0.01. The firm’s fifty day moving average price is $50.51 and its 200-day moving average price is $50.58. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.39 and a 52-week high of $50.79.

JPMorgan Ultra-Short Income ETF 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.